Finance Watch: CureVac’s IPO Is Ready For Launch

Public Company Edition: The German mRNA-focused company could raise up to $245m based on its proposed price range, but investor interest could drive the offering’s total higher. Also, Perceptive launches another SPAC, Regeneron sells $2bn in debt and Biohaven secures up to $950m. 

Finance Watch

Initial public offerings by biopharmaceutical companies continue at a rapid pace in the US and August could see one of 2020’s biggest IPOs if the German messenger RNA (mRNA)-based vaccine developer CureVac BV goes public as planned this month.

Twelve drug developers went public in the US during July, including Allovir, Inc. on 30 July, after 14 biopharma...

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