Aligos Therapeutics Inc. (ALGS) Announces $105M Private Placement

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Aligos Therapeutics Announces $105 Million Private Placement Financing

February 12, 2025 7:00 AM EST

Proceeds expected to fund the start of the ALG-000184 Phase 2 clinical study

Funding expected to extend cash runway into the second half of 2026

SOUTH SAN FRANCISCO, Calif., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Aligos Therapeutics, Inc. (Nasdaq: ALGS, Aligos, Company), a clinical stage biotechnology company focused on improving patient outcomes through best-in-class therapies for liver and viral diseases, today announced that it has entered into a securities purchase agreement for a private placement that is expected to result in gross proceeds of approximately $105 million, before deducting placement agents... More