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Korro Announces $70M Private Placement

Author: Benzinga Newsdesk | April 18, 2024 08:32am

Financing led by Deep Track Capital with participation from other leading healthcare investors
Pro-forma cash and cash equivalents of approximately $236 million before fees and expenses
On track for regulatory filing for First-in-Human (FIH) study of KRRO-110 in Alpha-1 Antitrypsin Deficiency (AATD) patients anticipated in the second half of 2024
Proceeds fund interim readout in the second half of 2025 and FIH study completion in 2026 for KRRO-110

Posted In: KRRO