Mergers and Acquisitions (M&A): Rallybio (NASDAQ: RLYB) and Candid Therapeutics Announce Merger
New Haven, CT – Rallybio Corporation has announced the acquisition of Candid Therapeutics (https://www.candidrx.com/). According to the company announcement, Rallybio (NASDAQ: RLYB) is a clinical-stage biotechnology company with a mission to develop and commercialize life-transforming therapies for patients with severe and rare diseases. Rallybio has built a pipeline of promising product candidates aimed at addressing diseases with unmet medical need in areas of complement dysregulation and hematology. The Companys lead program, RLYB116, is a differentiated C5 inhibitor with the potential to treat diseases of complement dysregulation, with an initial focus on immune platelet transfusion refractoriness and refractory antiphospholipid syndrome. Rallybios pipeline also includes RLYB332, a preclinical long-acting matriptase-2 antibody for the treatment of diseases of iron overload. Rallybio is headquartered in New Haven, Connecticut.
To learn more about Rallybio Corporation, visit https://rallybio.com/
Company LinkedIn Page: https://www.linkedin.com/company/rallybio/
Company Contact:
Rallybio Corporation
234 Church Street
New Haven, CT 6510
203-859-3820
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