Renaissance Capital logo

Precision oncology biotech PMV Pharmaceuticals prices IPO at $18, the high end of the range

September 24, 2020
PMV Pharmaceuticals logo

PMV Pharmaceuticals, an early stage biotech developing targeted therapies for cancer, raised $212 million by offering 11.8 million shares at $18, the high end of the range of $16 to $18.

The Cranbury, NJ-based company plans to list on the Nasdaq under the symbol PMVP. Goldman Sachs, BofA Securities, Cowen and Evercore ISI acted as lead managers on the deal.