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Gene-editing firm Prime Medicine files $140m public offer

February 15, 2024

The Cambridge, Massachusetts-based company is offering 19.2 million shares at $6.25 each and has scaled up its earlier expectations for the proceeds from $125 million.

Prime Medicine is working on a pipeline of 18 programmes aimed at correcting pathogenic mutations and has shown proof of principle for its ‘search-and-replace’ Prime Editing platform in non-human primate studies.

The company was set up by gene-editing pioneers David Liu, who co-founded Editas Medicine and Beam Therapeutics, and Andrew Anzalone of the Broad Institute of MIT and Harvard University.

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