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Biotech investor Cormorant secures $150M for another SPAC deal

Simon Osuji by Simon Osuji
January 26, 2026
in Technology
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Day One snaps up ADC maker Mersana in backloaded buyout deal
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Amid a rebound in SPAC activity, the prolific “crossover” investor is aiming for its third blank-check merger since 2022 following deals with Moonlake Immunotherapeutics and BridgeBio Oncology Therapeutics.

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