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US IPO Week Ahead: Just 1 biotech is on the calendar in a slow week for the IPO market

ETNB

After a busy week in the IPO market, just one biotech is scheduled to go public in the week ahead. NASH biotech 89bio (ETNB) plans to raise $85 million at a $225 million market cap. The company’s target indication represents a multi-billion-dollar...read more

NASHville: 89bio is the latest biotech IPO targeting liver disease NASH

Akero Therapeutics logo

Backed by OrbiMed and Longitude, Phase 1 biotech 89bio (ETNB) is expected to raise $70 million tonight in the fifth NASH-focused biotech IPO of 2019; insiders have indicated on $40 million (57% of the deal). Another NASH biotech, Cirius Therapeutics (CSTX), ...read more

June's flood of biotech IPOs continues with these 4 deals

Akero Therapeutics logo

June is seeing a wave of biotech IPOs. Five priced last week, and four more are on the IPO calendar for this week.   Recent biotech IPOs have mostly underperformed, though 2 are up +100% Biotechs have driven 2019 healthcare IPOs with 25 of the 32...read more

US IPO Weekly Recap: WORK's direct listing works as Slack and 6 others go public

WORK

Slack's (WORK) widely-covered direct listing was hailed as a success. Slack opened on Thursday at $38.50, well above the NYSE's "reference price" of $26, and more than triple its last round less than a year ago. And yet, new public investors ended the week ...read more