tiprankstipranks
Forte Biosciences Secures $53M for FB102 Advancements
Company Announcements

Forte Biosciences Secures $53M for FB102 Advancements

Pick the best stocks and maximize your portfolio:

Forte Biosciences ( (FBRX) ) has provided an update.

Forte Biosciences, Inc. has announced a successful $53 million private placement with key institutional investors to advance its lead candidate, FB102, in autoimmune indications. The oversubscribed financing demonstrates strong investor confidence, enabling Forte to further clinical trials and explore additional applications for FB102. With a celiac disease trial underway and other studies planned, Forte anticipates significant clinical milestones in 2025.

Learn more about FBRX stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyForte Biosciences files to sell 9.55M shares of common stock for holders
TheFlyForte Biosciences trading resumes
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App