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IPO Update: Patheon Public Once Again, Audentes To Move Into The Clinic

 
• By Lisa LaMotta

Two companies in the biopharma space began trading publicly this week, one to pay off debt, the other to fund an early-stage pipeline.

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While the biotech IPO season has been a bit light recently, two companies with very different aims snuck through the window this week, both pulling in a significant amount of capital, indicating investors are still willing to make a bet on the space – as long as it's the right bet.

Pharma services company Patheon NV debuted on the public market on July 21, bringing in a whopping $640m – $15m above its goal. The CRO intended to sell 29

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Pipeline Watch: Thirteen Approvals And Ten Phase III Readouts

Pipeline Watch is a weekly snapshot of selected late-stage clinical trial events and approvals announced by pharmaceutical and biotech companies at medical and industry conferences, in financial and company presentations, and in company releases and statements.