IPO Update: New Offerings Outperform As September Ends With Biopharma Trifecta

There have been 29 IPOs in the US through the third quarter of 2017 with an average return of 35.2%, including three offerings on the same day – Deciphera, Nightstar and NuCana – near the end of September.

The number of biopharmaceutical company initial public offerings in the US this year is just one away from the 2016 total of 30 drug developer IPOs – and with returns from newly public companies rising, 2017 could surpass last year by a sizeable margin.

With offerings by Deciphera Pharmaceuticals Inc., Nightstar Therapeutics Ltd. and NuCana BioMed Ltd. on Sept. 27, there were 29 IPOs by biopharma therapeutics firms by the end...

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