BridgeBio Oncology to Go Public in SPAC Deal Bringing $450M+ for Trio of Cancer Drugs

Clinical-stage BridgeBio Oncology Therapeutics, whose financial backers include Cormorant Asset Management, is going public by merging with a Cormorant-sponsored SPAC. The combined company will continue developing drugs targeting various forms of mutated KRAS proteins that drive cancers. The post BridgeBio Oncology to Go Public in SPAC Deal Bringing $450M+ for Trio of Cancer Drugs appeared…

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Fires Undercut L.A.’s Headway on Homelessness

Los Angeles County homelessness leaders last year reported nearly 30,000 permanent housing placements — an annual high for the sprawling region of 10 million residents. Thousands more got into shelter and short-term housing. Gov. Gavin Newsom and local leaders celebrated the progress as evidence that an unprecedented multibillion-dollar public investment to move people off the…

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