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Talawar secures $225M PIPE to fund TALA-125 bispecific antibody through Phase 2b by late 2028

Company Fundamentals
29 Jun 2026
PRNewsWire
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Bullish
pluang ai news

Talawar Therapeutics announced a $225 million private investment in public equity (PIPE) alongside a business combination with JATT II Acquisition Corp, expected to close in the second half of 2026. The funding will support the development of TALA-125, a novel bispecific antibody targeting atopic dermatitis, through a Phase 2b proof-of-concept study with data expected in late 2028. TALA-125 aims to improve treatment efficacy by combining two validated immune pathways in one therapy. The combined company will trade on Nasdaq under the ticker TLWR, led by experienced biotech executives, and plans clinical entry for TALA-125 in early 2027 with interim Phase 1 data by the end of 2027.

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