Welcome to our dedicated page for Tenaya Therapeutics news (Ticker: TNYA), a resource for investors and traders seeking the latest updates and insights on Tenaya Therapeutics stock.
Tenaya Therapeutics develops therapies intended to address underlying causes of heart disease, with a clinical-stage pipeline led by TN-201 and TN-401 gene therapies. TN-201 is an AAV9-based gene therapy for MYBPC3-associated hypertrophic cardiomyopathy, and TN-401 targets PKP2-associated arrhythmogenic right ventricular cardiomyopathy.
Company news commonly covers clinical data from the MyPEAK-1 and RIDGE-1 studies, financial results, cardiovascular research collaborations, and preclinical work supporting TN-301, a highly selective HDAC6 inhibitor studied for heart failure and related cardio/muscular disease. Updates also reference Tenaya’s target identification and validation capabilities, including iPSC-derived cardiomyocytes, engineered heart tissue models and in vivo disease models.
Tenaya Therapeutics, Inc. (NASDAQ: TNYA) has announced the pricing of its upsized initial public offering (IPO) of 12 million shares at $15.00 each, set to trade on the Nasdaq from July 30, 2021. The IPO is expected to generate gross proceeds of $180 million, with an option for underwriters to purchase an additional 1.8 million shares. The offering closes on August 3, 2021, pending usual conditions, with Morgan Stanley, Cowen, and Piper Sandler as joint book-running managers. Tenaya aims to develop therapies for heart disease, leveraging expertise from top scientific institutions.