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Stephen Taub
Premium
A Quick Windfall for Hedge Funds, Another Blow for a Biotech Company’s Early Backers
A private placement has delivered a 46 percent gain in under a week, but it’s small comfort to the investors who rode Solid Biosciences all the way down.
Stephen Taub March 11, 2026
biotech

In just a week, a private placement of a publicly listed biotech stock has delivered eye‑popping profits for several well‑known life sciences hedge funds.On March 6, Solid Biosciences, which is developing precision genetic medicines for neuromuscular and cardiac diseases, announced a $240 million private placement that

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