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HCM News

Bigger and better: 2016 IPOs that raised more than $100 million are up over 30%

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The 21 IPOs this year that have raised raised over $100 million have delivered investors an average return of 32%, including a first-day pop of 14% and an additional 14% in the aftermarket. Most notably, only one IPO in this group currently trades below issue,...read more

Renaissance Capital's 1Q16 US IPO Market Review

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The US IPO market in the 1Q16 hit its lowest levels since the depths of the financial crisis in 2008/2009. Not a single deal priced outside of the health care sector, where eight deals managed to raise $0.7 billion thanks to substantial buying by their existing...read more

US IPO Weekly Recap: Two healthcare companies price amid an improving market backdrop

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Of the three scheduled healthcare offerings this past week, only two priced. This marks a total of seven IPOs year to date, all from healthcare companies, which have been predominantly development stage biotechs supported by existing backers. While the broader...read more

Cancer therapies from China: Hutchison China MediTech prices $101 million US IPO at $13.50

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Hutchison China MediTech, a CK Hutchison-backed pharmaceutical with a pipeline of oncology candidates, raised $101 million by offering 7.5 million ADSs at $13.50. In its most recent filing, the company expected to raise $100 million by offering 6.1 million ADSs...read more