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BioNotebook: Up to $2.6bn in post-JP Morgan stock offerings, plus six IPO updates

 
• By Mandy Jackson

Public biotechnology companies took advantage of excitement for the industry that was generated during the JP Morgan Healthcare Conference from 12 to 15 January in San Francisco by announcing plans to raise up to $2.6bn from stock offerings that will fund acquisitions, clinical trials and regulatory filings.

Public biotechnology companies took advantage of excitement for the industry that was generated during the JP Morgan Healthcare Conference from 12 to 15 January in San Francisco by announcing plans to raise up to $2.6bn from stock offerings that will fund acquisitions, clinical trials and regulatory filings.

The leader of the pack was BioMarin Pharmaceutical, whose offering of 8.5m shares plus 1.3m shares for overallotments raised $911.5m

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