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BridgeBio Oncology to Go Public in SPAC Deal Bringing $450M+ for Trio of Cancer Drugs

BridgeBio Oncology Therapeutics is set to go public through a SPAC merger with Helix Acquisition Corp. II. The deal will garner over $450m to support clinical tests of three drug candidates. BridgeBio Oncology plans to improve the treatment of RAS, cancer-causing proteins. The company is also working on a drug that targets KRAS G12C in both “on” and “off” states. Preliminary data for this drug is expected in 2025.

Source: medcitynews.com –

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