IPO Update: Booming Biopharma On Pace For Another Record Year
62 Drug Developers Went Public In First Half Of 2021
Only 25 more initial public offerings are needed for 2021 to beat 2020’s record-breaking 86 IPOs. However, the average return for this year’s offerings is just 1.1% as of 1 July versus 11% at the end of the first quarter.