Fulcrum Therapeutics and Slate Medicines Announce Definitive All-Stock Merger With $245M Private Placement

August 21, 2026

Fulcrum Therapeutics and Slate Medicines entered into a definitive all-stock merger agreement to combine into a Nasdaq-listed biotechnology company operating as Slate Medicines under ticker SLTE. The transaction is supported by an oversubscribed concurrent $245 million private placement led by Frazier Life Sciences, with committed participation from multiple healthcare investors and expected to fund operations into 2029.

Buyers
Slate Medicines (resulting combined company)
Targets
Fulcrum Therapeutics, Slate Medicines
Industry
Biotechnology
Location
United States
Transaction Type
Buyout

Explore More

Build a buyer list for your deal

Find active buyers from recent acquisition patterns and move straight into outreach.