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 firms launched first-time offerings in June. (Also see "IPO...

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