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Stock impact report

Rallybio shares gain on investment from J&J for rare fetal condition treatment [Seeking Alpha]

Rallybio Corporation (RLYB) 
Company Research Source: Seeking Alpha
development of complementary therapeutic approaches aimed at reducing the risk of fetal and neonatal alloimmune thrombocytopenia. In addition, Rallybio received an equity investment of $6.6 million from Johnson & Johnson, the company said. Rallybio ( RLYB ) is developing RLYB212, a novel human monoclonal anti-HPA-1a antibody designed to prevent pregnant individuals from alloimmunizing, thereby eliminating the risk of FNAIT and its potentially devastating consequences in their fetuses and newborns. Fetal and Neonatal Alloimmune Thrombocytopenia (FNAIT) is a potentially life-threatening rare disease that can cause uncontrolled bleeding in fetuses and newborns. "Rallybio is on track to initiate a Phase 2 dose confirmation study for RLYB212 in pregnant individuals at higher risk of alloimmunization and FNAIT in the second half of 2024," the company said. Under this collaboration, Johnson & Johnson will provide funding for Rallybio to raise awareness of Johnson & Johnson's FNAIT Show less Read more
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