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Invitae Partners With Bridgebio Pharma To Harness Genetic Insights For The Discovery Of Rare Disease Therapeutics

Invitae Partners With Bridgebio Pharma To Harness Genetic Insights For The Discovery Of Rare Disease Therapeutics
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Brokerages Set BridgeBio Pharma, Inc. (NASDAQ:BBIO) PT at $40.23

Brokerages Set BridgeBio Pharma, Inc. (NASDAQ:BBIO) PT at $40.23
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BridgeBio Pharma (NASDAQ:BBIO) Shares Down 4.2%

BridgeBio Pharma (NASDAQ:BBIO) Shares Down 4.2%
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BridgeBio Pharma Secures up to $1.25 Billion of Capital from Blue Owl and CPP Investments to Accelerate the Development and Launch of Genetic Medicines

- The raise includes $500 million in cash from Blue Owl and CPP Investments in exchange for a 5% royalty on future global net sales of acoramidis - The raise also includes a $450 million credit.

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16 Best Mid-Cap Growth Stocks To Buy Now

Investors are hopeful that small- and mid-cap stocks will experience a broader rally this year after getting hammered for most part of the previous year as all eyes remain focused on the Magnificent Seven.

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