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
All eyes were on Lyft (LYFT) as it priced its IPO, along with two biotechs, Genfit (GNFT) and Precision BioSciences (DTIL), in a week that saw positive IPO returns across the board. 8i Enterprises Acquisition (JFKKU) a blank check targeting a...read more
Genfit, a Phase 3 French biotech developing therapies for NASH, raised $135 million by offering 6.65 million ADSs at $20.32 per ADS. It had previously filed to raise $132 million by offering 5.0 million ADSs at $26.33. Genfit plans to list on the Nasdaq under...read more
The long-awaited IPO of rideshare giant Lyft (LYFT) will finally hit the market in the week ahead. In total, three IPOs plan to raise roughly $2.3 Billion in the IPO market, a further signal of an IPO market continuing to heat up after roughly $858 million...read more
NASHville: 89bio is the latest biotech IPO targeting liver disease NASH
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
US IPO Weekly Recap: Lyft makes its debut
All eyes were on Lyft (LYFT) as it priced its IPO, along with two biotechs, Genfit (GNFT) and Precision BioSciences (DTIL), in a week that saw positive IPO returns across the board. 8i Enterprises Acquisition (JFKKU) a blank check targeting a...read more
Paris-listed NASH biotech Genfit prices US IPO at $20.32
Genfit, a Phase 3 French biotech developing therapies for NASH, raised $135 million by offering 6.65 million ADSs at $20.32 per ADS. It had previously filed to raise $132 million by offering 5.0 million ADSs at $26.33. Genfit plans to list on the Nasdaq under...read more
US IPO Week Ahead: Houston we have Lyft off
The long-awaited IPO of rideshare giant Lyft (LYFT) will finally hit the market in the week ahead. In total, three IPOs plan to raise roughly $2.3 Billion in the IPO market, a further signal of an IPO market continuing to heat up after roughly $858 million...read more