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Finance Watch: Cash Flows Into Public Biopharmas, Including IPOs; Atlas Raises $350m VC Fund

 
• By Kevin Grogan and Mandy Jackson

Public biopharma offerings gained momentum, including four IPOs during the last week of June, as US investors looked kindly on the sector ahead of July 4 celebrations. Also, VC investment continued unabated as Atlas Venture closed a new $350m fund.

Finance Watch

Late June and early July have been characterized by a clutch of initial public offerings from biopharmaceutical companies, with three others filing plans to go public as well.

Before the Independence Day fireworks, Dova Pharmaceuticals Inc. CEO Alex Sapir rang the Nasdaq opening bell following a June...

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