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0.0237485863936669 0.0406523421224927 -0.113148026903161 -0.101243973573002 -0.0655318135825249 -0.0774953871793346 0.0367240045235403 0.0832688530444616
Stock impact report

Century Therapeutics Secures Oversubscribed $135 Million Private Placement Financing to Support Lead Program, CNTY-813, a Potentially Curative Therapy for Type 1 Diabetes [Yahoo! Finance]

Century Therapeutics, Inc. (IPSC) 
Company Research Source: Yahoo! Finance
pluripotent stem cell (iPSC)-derived cell therapies for autoimmune diseases and cancer, today announced it has entered into a securities purchase agreement for a private placement for initial gross proceeds of approximately $135 million to the Company, before placement agent fees and offering expenses. The financing is being led by new investor TCGX, and includes participation from additional new and existing investors, including RA Capital Management, Commodore Capital, Deep Track Capital, RTW Investments, Venrock Healthcare Capital Partners, and the T1D Fund. The private placement is expected to close on January 9, 2026, subject to customary closing conditions. “We believe this financing further enables our ambition to unlock the full potential of our lead product candidate, CNTY-813, a potentially curative beta islet cell program for Type 1 diabetes,” said Brent Pfeiffenberger, Pharm.D., Chief Executive Officer of Century Therapeutics. “We estimate this financing extends our ca Show less Read more
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