Oric Pharmaceuticals shares are trading higher after the company announced $85 million in private placement financing.
Portfolio Pulse from Benzinga Newsdesk
Oric Pharmaceuticals announced $85 million in private placement financing, leading to its shares trading higher.
June 26, 2023 | 2:19 pm
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Oric Pharmaceuticals' shares are trading higher after securing $85 million in private placement financing.
Oric Pharmaceuticals announced an $85 million private placement financing, which is a positive development for the company. This additional capital will likely be used to fund research, development, and other business operations, leading to increased investor confidence and a higher share price.
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IMPORTANCE 80
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