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Ablynx Ups Profile Stateside With $200m Nasdaq Listing

 
• By Kevin Grogan

Success in the clinic with caplacizumab for aTTP and a big IPO in the USA has put the Belgium-headquartered group in the spotlight.

Dollar Airplane_1200
Flying high: Ablynx IPO in the US has been a success • Source: Shutterstock

Fresh from its clinical success with caplacizumab, Ablynx NV has priced its initial US public offering totaling $200m, propelling the company's market capitalization over the €1bn mark.

The Belgium-headquartered group has listed on the Nasdaq after selling 11.4 million American Depositary Shares (ADS) priced at $17.50 each....

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