Parabilis Medicines, Inc. Common Stock PBLS

Parabilis Medicines Inc s a clinical-stage biopharmaceutical company. It is focused on the development of medicines targeting protein interactions associated with human diseases. It uses a proprietary platform to develop stabilized helical peptide therapeutics, referred to as Helicons, designed to bind and modulate specific proteins. Its flagship product candidate, zolucatetide, targets the interaction between β-catenin and the T-cell factor (TCF) family of transcription factors within the Wnt/β-catenin signaling pathway, which is associated with cell proliferation and differentiation in multiple cancer types.

• GlobeNewswire Inc. 25 ago

  Parabilis Medicines Appoints Accomplished Drug Development Leader Craig L. Tendler, M.D., to Board of Directors

  Parabilis Medicines announced the appointment of Craig L. Tendler, M.D., an accomplished oncology drug development leader with over 30 years of experience and two decades at Johnson & Johnson, to its Board of Directors. Dr. Tendler will continue his role as scientific advisor while joining the board to support the company's advancement of zolucatetide across multiple indications and its broader pipeline of Helicon therapeutics.

  

• The Motley Fool 12 jun

  Parabilis Soared 58% in the Biggest Biotech IPO on Record. Is It Too Late to Buy the Stock?

  Parabilis Medicines raised $670 million in the largest biotech IPO on record, soaring 58% on its first trading day. The company's innovative Helicon platform targets previously 'undruggable' proteins for cancer treatment. While the technology shows promise with lead candidate zolucatetide entering phase 3 trials, the company faces significant losses ($145 million last year) and remains years away from generating revenue, making it suitable only for aggressive investors willing to wait several years.

  

• Benzinga 11 jun

  Parabilis Medicines Announces Closing of Upsized Initial Public Offering, Including Full Exercise of Underwriters' Option to Purchase Additional Shares

  Parabilis Medicines (NASDAQ: PBLS), a clinical-stage biopharmaceutical company, announced the successful closing of its upsized IPO on June 11, 2026, raising $770.5 million in gross proceeds from 38.5 million shares at $20 per share, plus an additional $75 million from a concurrent private placement with Regeneron Pharmaceuticals. The company has raised over $1.2 billion in total funding in 2026 to support development of its proprietary Helicons™ therapeutic platform targeting undruggable protein targets.