Tango Therapeutics Sees Surge in Stock Price After Positive Vopimetostat Trial Results and Major Capital Raise

Wednesday, Oct 29, 2025 2:25 pm ET1min read
TNGX--

Tango Therapeutics (TNGX) has announced positive data from its Phase 1/2 trial of Vopimetostat (TNG462) in MTAP-deleted cancers and completed a $209.99 million follow-on equity offering and a $15 million private placement. This combination of clinical progress and successful capital raises marks a pivotal step for Tango's research progress and future funding capability. The company's investment narrative now focuses on upcoming trial milestones and the coming end of lock-up agreements in December.

Tango Therapeutics Sees Surge in Stock Price After Positive Vopimetostat Trial Results and Major Capital Raise

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