Tectonic Therapeutic, Inc.

Equities

AVRO

US8789721086

Biotechnology & Medical Research

Market Closed - Nasdaq Other stock markets 01:30:00 29/06/2024 am IST			5-day change	1st Jan Change
16.47 ^USD	-0.12%		-3.17%	+0.92%

20/06	Avrobio Closes Merger With Tectonic Therapeutic	MT
20/06	Tectonic Therapeutic, Inc. announced that it has received $96.599856 million in funding from Tas Partners, LLC	CI

Tectonic Therapeutic, Inc. announced that it expects to receive $96.599856 million in funding from Tas Partners, LLC

January 30, 2024

Tectonic Therapeutic, Inc. announced that it has entered into a subscription agreement with certain institutional investors including Tas Partners, LLC to issue 7,790,889 common shares at a price of $12.39908 per shar for the gross proceeds of $96,599,855.98212 on January 30, 2024.

Latest news about Tectonic Therapeutic, Inc.

Avrobio Closes Merger With Tectonic Therapeutic	21/06	MT
Tectonic Therapeutic, Inc. announced that it has received $96.599856 million in funding from Tas Partners, LLC	20/06	CI
AVROBIO, Inc.(NasdaqGS:AVRO) dropped from NASDAQ Composite Index	20/06	CI
Tectonic Therapeutic, Inc. completed the acquisition of AVROBIO, Inc. from a group of shareholders in a reverse merger transaction.	20/06	CI
Avrobio Insider Bought Shares Worth $971,493, According to a Recent SEC Filing	15/05	MT
AVROBIO, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	10/05	CI
North American Morning Briefing : Investors -2-	21/03	DJ
AVROBIO, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	15/03	CI
Transcript : AVROBIO, Inc., Tectonic Therapeutic, Inc. - M&A Call	30/01
Tectonic Therapeutic, Inc. announced that it expects to receive $96.599856 million in funding from Tas Partners, LLC	30/01	CI
AVROBIO, Inc. entered into an agreement to acquire Tectonic Therapeutic, Inc.	30/01	CI
North American Morning Briefing : S&P 500 Eyes -2-	19/12	DJ
Mizuho Securities Cuts Avrobio Price Target to $2 From $5, Buy Rating Kept	18/12	MT
North American Morning Briefing : Caution Dominates Ahead of CPI Print	14/11	DJ
AVROBIO, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	10/11	CI
North American Morning Briefing : China Angst -2-	15/23/15	DJ
AVROBIO, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	11/23/11	CI
Wells Fargo Adjusts Price Target on AVROBIO to $2 From $2.50, Maintains Overweight Rating	13/23/13	MT
North American Morning Briefing : Optimism Set to -2-	13/23/13	DJ
Sector Update: Health Care Stocks Slipping Late Wednesday	13/23/13	MT
Sector Update: Health Care Stocks Softer in Afternoon Trading	12/23/12	MT
Wedbush Downgrades AVROBIO to Neutral From Outperform on Halted Development of Gene Therapy Programs, Exploring Alternatives; PT is $2	12/23/12	MT
AVROBIO Says Exploring Strategic Alternatives to Boost Shareholder Value; Shares Jump	12/23/12	MT
Avrobio to Conduct Exploration of Strategic Alternatives	12/23/12	CI
AVROBIO, Inc.(NasdaqGS:AVRO) dropped from Russell Microcap Index	23/23/23	CI

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Company Profile

Tectonic Therapeutic, Inc. is a biotechnology company. The Company is focused on the discovery and development of therapeutic proteins and antibodies that modulate the activity of G-protein coupled receptors (GPCRs). Leveraging its technology platform called GEODe (GPCRs Engineered for Optimal Discovery), the Company is focused on developing biologic medicines that overcome the existing challenges of GPCR-targeted drug discovery and harness the human body to modify the course of disease. The Companyâs lead program, TX000045 (TX45), is an Fc-relaxin fusion molecule that activates the RXFP1 receptor, the GPCR target of the hormone relaxin. TX45 is being evaluated in Phase Ia/Ib clinical trials as a potential treatment for Group 2 Pulmonary Hypertension with Heart Failure with Preserved Ejection Fraction (HFpEF). Its second program addresses Hereditary Hemorrhagic Telangiectasia (HHT).

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Biotechnology & Medical Research

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

16.47 USD

Average target price

76 USD

Spread / Average Target

+361.45%

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