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Bolt Projects Holdings, Inc. shares rise 1.54% premarket after Royalty Pharma and Zenas BioPharma announced a $300 million funding deal for obexelimab.
ByAinvest
Tuesday, Sep 2, 2025 8:22 am ET1min read
Bolt Projects Holdings, Inc. rose 1.54% in premarket trading, with Royalty Pharma and Zenas BioPharma entering into a partnership to fund the potential U.S. commercial launch of obexelimab for the treatment of IgG4-Related Disease. Royalty Pharma will provide up to $300 million in funding in exchange for a royalty on sales of obexelimab, which is a positive development for Zenas BioPharma.
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