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ELAN News

Renaissance Capital's Updated 2018 US IPO Annual Review

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Renaissance Capital has updated the 2018 US IPO Annual Review with returns through December 31. Download a free Preview of the report, and sign up for IPO market updates delivered to your...read more

US IPO Weekly Recap: 4 IPOs pop 40% including Eventbrite, Farfetch and Elanco

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Six IPOs raised $2.9 billion this week. Four traded up over 40%, and none finished the week below issue.  Spun out of Eli Lilly, Elanco Animal Health (ELAN) priced above its range to raise $1.5 billion. The company popped 50% on its...read more

Elanco up 50% in best billion-dollar IPO pop in 5 years

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Elanco Animal Health (ELAN) raised $1.5 billion and popped 50% on Thursday. The Eli Lilly spin-off had a better first-day return than any billion-dollar IPO since Twitter in 2013 (+73%). Higher than Snap in 2017 (+44%), Alibaba in 2014 (+36%), and close peer...read more

Elanco Animal Health prices IPO at $24, above the range

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Elanco Animal Health, a spin-off of Eli Lilly's global animal health medicines and vaccines business, raised $1.5 billion by offering 62.9 million shares at $24, above the range of $20 to $23. Elanco Animal Health plans to list on the NYSE under the symbol...read more