OrbiMed Advisors acquires 1,333,333 Electra Therapeutics shares for USD 20 million
Bitget2026/09/23 21:30- OrbiMed Advisors, a director and 10% owner, reported a sharp increase in its indirect stake in Electra Therapeutics.
- Indirect holdings rose to 5,126,891 common shares, including 1,333,333 shares bought at USD 15 in the IPO.
- A separate OrbiMed-related position increased to 1,758,279 common shares, including 1,000,000 shares bought at USD 15.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum’s $2,540 Retest Becomes Key Test for the Rally
Canton Network breaks 2 month range! – CC’s run to $0.15 depends on THIS zone
Analysis: Wall Street Is Not Yet Ready to Short AI in Large Numbers
Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
Crypto prices
More
