tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Jade Biosciences Secures $135 Million in Private Placement

Story Highlights
  • Jade Biosciences entered a Securities Purchase Agreement for a $135 million private placement.
  • Jade secured an exclusive license from Paragon Therapeutics for BAFF-R targeting antibodies.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Jade Biosciences Secures $135 Million in Private Placement

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Jade Biosciences ( (JBIO) ) just unveiled an update.

On October 6, 2025, Jade Biosciences, Inc. entered into a Securities Purchase Agreement for a private placement expected to close on October 8, 2025, raising approximately $135 million. The funds will support research and development, corporate expenses, and working capital, with operations expected to be funded into the first half of 2028. Additionally, Jade entered into a license agreement with Paragon Therapeutics on October 3, 2025, for exclusive rights to develop and commercialize antibodies targeting BAFF-R, with milestone payments up to $22 million. This strategic move enhances Jade’s pipeline and strengthens its position in the autoimmune disease market.

The most recent analyst rating on (JBIO) stock is a Buy with a $18.00 price target. To see the full list of analyst forecasts on Jade Biosciences stock, see the JBIO Stock Forecast page.

Spark’s Take on JBIO Stock

According to Spark, TipRanks’ AI Analyst, JBIO is a Underperform.

Aerovate Therapeutics’ stock score reflects substantial financial challenges, including zero revenue and growing losses, which heavily weigh on the overall score. While there is positive momentum in technical analysis and significant corporate events such as the merger with Jade Biosciences, the negative valuation and financial instability are major concerns. The stock remains highly speculative with risks due to its financial performance.

To see Spark’s full report on JBIO stock, click here.

More about Jade Biosciences

Jade Biosciences is a clinical-stage biotechnology company focused on developing best-in-class therapies for autoimmune diseases. The company is currently evaluating its lead candidate, JADE101, in a Phase 1 clinical trial for the treatment of immunoglobulin A nephropathy (IgAN), and has other candidates in preclinical development.

Average Trading Volume: 105,275

Technical Sentiment Signal: Buy

Current Market Cap: $298.2M

See more data about JBIO stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1