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IPO Update: Three Biopharma Offerings In January Contrast With Last Year’s Slow Start

 
• By Mandy Jackson

AnaptysBio, Jounce and ObsEva were the first three companies to go public in 2017 – all in January – while no therapeutics firms went public in January 2016. The difference? Better US biopharma stock performance.

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Three biopharmaceutical companies launched US initial public offerings in January, kicking off 2017 with more confidence than drug developers showed in 2016 when there were no biopharma IPOs during the first month of the year.

With the AnaptysBio Inc., Jounce Therapeutics Inc. and ObsEva SA offerings in January, 2017 is a bit ahead of 2016, which had 30 biopharma IPOs – an average of 2.5 per month

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