Australian company PYC Therapeutics has announced a capital raising of up to $653 million, a scale of funding rarely seen on the Australian Securities Exchange and one that places the Perth-founded biotech among a small group of local life sciences firms able to attract global capital at this magnitude.
PYC’s capital raise marks one of the largest biotech fundraisings in Australian market history
February 2, 2026 Australian Biotech
Latest Video
New Stories
-
Sandoz adds to vision care options with the listing of biosimilar aflibercept
February 2, 2026 - -
PYC’s capital raise marks one of the largest biotech fundraisings in Australian market history
February 2, 2026 - - Australian Biotech -
Genetic Signatures appoints seasoned life sciences executive as CEO
February 2, 2026 - - Australian Biotech -
EMA decision clears regulatory path for Argenica’s lead stroke drug in Europe
February 2, 2026 - - Australian Biotech -
Recce Pharmaceuticals deepens US partnership to advance burn wound treatment
February 2, 2026 - - Australian Biotech -
Another potential turning point for immunotherapy access in Australia
February 1, 2026 - - Latest News -
An announcement that cost more than the listing, because it would have actually cost something
February 1, 2026 - - Latest News

