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Metabolic biotech Aeglea BioTherapeutics files for an $86 million IPO

Aeglea BioTherapeutics, a preclinical biotech developing enzymes for rare genetic metabolic diseases and tumors, filed on Tuesday with the SEC to raise up to $86 million in an initial public offering. Close peer Agios Pharmaceuticals (AGIO) went public in...read more

Biotech IPOs are back to normal

By almost any measure, 2013 has been a record-breaking year for biotech IPOs. The 33 biotech IPOs completed and the $2.5 billion raised are more than the totals from the previous five years combined and far exceed the levels reached at the height of the tech...read more

US IPO Recap: 11 deals price in busiest week since November 2007, eight companies set terms

US IPOs continued to make a strong showing this week, with 11 deals raising an aggregate of $1.6 billion in proceeds. It was the busiest week since the week of November 5, 2007, which saw 13 pricings. Performance was mixed, with an average total return of 7%;...read more

Agios Pharmaceuticals gains almost 74% in market debut as biotech fever continues

Agios Pharmaceuticals, a biotech developing metabolic treatments for cancer and rare genetic diseases, rose 73.8% in its market debut, making it the best biotech first-day return since Pain Therapeutics (NASDAQ: PTIE) rose 82.3% in its July 2000 debut. The...read more