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Finance Watch: Five IPOs Launch In Two Days; Three Remain In Positive Territory

 
• By Mandy Jackson

Public Company Edition: Trevi Therapeutics was the first out of the gate on 7 May, but four more biopharma firms went public in the US on 8 May, while just 13 IPOs launched between January and April. Also, new financings include debt for BMS, Bausch and Intercept.

Finance Watch
Cortexyme, Milestone and NextCure deliver double-digit returns.

After just 13 biopharmaceutical companies went public in the US during the first four months of 2019, setting a pace of about three per month, five drug developers launched initial public offerings on 7 and 8 May – with mixed results.

Trevi Therapeutics Inc. began the flurry of IPO launches on 7 May, while the other four launched on 8 May. Trevi, which had to discount its offering price to...

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GlycoEra’s Series B Cash Will Fund Efforts To Take On FcRn Inhibitor Class

 
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Finance Watch: Public Company Fundraising Sank Across The Board In Q1

 
• By Mandy Jackson

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Finance Watch: SV Closes Second Dementia Discovery Fund, Exceeding $250m Goal

 
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Summit’s Ivonescimab Shows Significance On PFS, But Not Overall Survival

 
• By Joseph Haas

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