Four recent biotech IPOs have soared more than 100% in the last 30 days, while four others have seen their stock prices halved.
The highest flyer is June 2019 IPO Karuna Therapeutics (KRTX), up 282% over the past 30 days. In mid-November,...read more
One of the largest biotechs of the 2018 IPO market is going public this week. Unity Biotechnology (UBX) plans to raise $85 million at a market cap of $787 million. Its goal? To grasp the holy grail of medicine: a therapy that combats the...read more
resTORbio, which is developing a therapy to boost the immune systems of the very elderly, raised $85 million by offering 5.7 million shares at $15, within the range of $14 to $16. resTORbio plans to list on the Nasdaq under the symbol TORC. BofA Merrill Lynch,...read more
Ten deals are expected to price next week, raising a combined $3.1 billion in proceeds, as this month gears up to be the busiest January in over eight years in terms of proceeds raised ($3.1 billion raised to date). The week will be headlined by the "Paypal...read more
Monthly movers: 4 recent biotech IPOs soar more than 100%, 4 drop more than 50%
Four recent biotech IPOs have soared more than 100% in the last 30 days, while four others have seen their stock prices halved. The highest flyer is June 2019 IPO Karuna Therapeutics (KRTX), up 282% over the past 30 days. In mid-November,...read more
Can Unity Biotechnology find a cure for age?
One of the largest biotechs of the 2018 IPO market is going public this week. Unity Biotechnology (UBX) plans to raise $85 million at a market cap of $787 million. Its goal? To grasp the holy grail of medicine: a therapy that combats the...read more
Respiratory tract infection biotech resTORbio prices $85 million IPO at $15 midpoint
resTORbio, which is developing a therapy to boost the immune systems of the very elderly, raised $85 million by offering 5.7 million shares at $15, within the range of $14 to $16. resTORbio plans to list on the Nasdaq under the symbol TORC. BofA Merrill Lynch,...read more
US IPO Week Ahead: 10 IPOs expected to price, led by PagSeguro's $1.8 billion deal
Ten deals are expected to price next week, raising a combined $3.1 billion in proceeds, as this month gears up to be the busiest January in over eight years in terms of proceeds raised ($3.1 billion raised to date). The week will be headlined by the "Paypal...read more