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Biotech Fund Exits Crinetics Pharmaceuticals, Dumping $12.3 Million in Shares
ByAinvest
Friday, Nov 28, 2025 8:07 pm ET1min read
Boston-based MPM BioImpact sold 428,975 shares of Crinetics Pharmaceuticals worth $12.3 million in Q3, marking a full exit for the fund. The position previously accounted for 2.1% of fund assets. Crinetics Pharmaceuticals' shares remain 19% lower on the year, underperforming the S&P 500. The fund's top holdings after the filing include MDGL, CGEM, RNA, TRVI, and EWTX.
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