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Rare disease biotech Eidos Therapeutics prices IPO at $17, the high end of the range

June 20, 2018
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Eidos Therapeutics, which is developing a novel oral therapy for rare neurodegenerative diseases, raised $106 million by offering 6.25 million shares at $17, the high end of the range of $15 to $17. Eidos Therapeutics plans to list on the Nasdaq under the symbol EIDX. J.P. Morgan and BofA Merrill Lynch acted as lead managers on the deal.