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Stock impact report

J&J, Rallybio partner on drug development for rare fetal condition [Yahoo! Finance]

Rallybio Corporation (RLYB) 
Company Research Source: Yahoo! Finance
for a rare disorder known as fetal and neonatal alloimmune thrombocytopenia, or FNAIT. As part of the deal, Rallybio will receive $6.6 million in equity investment for J&J's venture capital arm. The biotech is currently developing an antibody dubbed RLYB212 to prevent FNAIT and plans to start a Phase 2 trial during the second half of this year. J&J will also provide funding to Rallybio to raise awareness around J&J's drug nipocalimab, which the pharmaceutical company is testing as a treatment for pregnant individuals that have “alloimmunized,” which describes the development of antibodies that can cross the placenta and destroy platelet cells in the fetus. Dive Insight: While rare, FNAIT can be life-threatening, leading to miscarriages, stillbirths or lifelong neurological disabilities of the infant. Alloimmunization stems from an immune incompatibility between the pregnant person and the fetus in a platelet protein. When allo-antibodies from the mother destroy these blood-c Show less Read more
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