GlobeNewsWire
09 Oct 2026, 01:35 UTC · 1h ago
Retension Pharmaceuticals Announces Pricing of Initial Public Offering
Impact · against what's priced in
Retension Pharmaceuticals (RTSN) successfully raised $45 million through an upsized IPO to fund late-stage clinical trials for RTN-001. This provides the necessary capital to advance the drug through Phase 2b and into Phase 3 for uncontrolled hypertension.
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- In context
The company has secured $45 million in gross proceeds via an upsized IPO to fund the completion of its Phase 2b trial and the preparation for a Phase 3 trial of RTN-001.
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