Held by 2 specialist biotech funds
# Signal Note: RA Capital initiates $77.7M position in Climb Bio (CLYM) RA Capital's new $77.7M stake in Climb Bio signals confidence in the company's lead program, CBL0137, a curaxin in development for liposarcoma and other solid tumors—a rare but addressable market with limited treatment options. The timing aligns with anticipated clinical data readouts expected in 2024-2025 that could validate the mechanism in this difficult-to-treat indication. This represents typical conviction-level sizing for RA Capital in early-to-mid stage oncology assets with differentiated mechanisms.