Insider Buying: resTORbio, Inc. (NASDAQ:TORC) Director Buys 533,333 Shares of Stock

resTORbio, Inc. (NASDAQ:TORC) Director Orbimed Advisors Llc purchased 533,333 shares of the stock in a transaction dated Tuesday, January 30th. The stock was acquired at an average cost of $15.00 per share, with a total value of $7,999,995.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.

resTORbio, Inc. (NASDAQ:TORC) opened at $18.09 on Thursday. resTORbio, Inc. has a 52 week low of $15.18 and a 52 week high of $20.50.

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About resTORbio

resTORbio, Inc is a clinical-stage biopharmaceutical company. The Company is focused on the development and commercialization of novel therapeutics for the treatment of aging-related diseases. It focuses on the mechanistic target of rapamycin (mTOR) pathway that regulates aging, and specifically on selective inhibition of the target of rapamycin complex 1 (TORC1).

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