Acelyrin Enters The Spotlight As NASDAQ Debut Dawns

Raising $540m

The US biotech intends to use the proceeds from its upcoming IPO to advance lead candidate izokibep, an interleukin-17A inhibitor that is showing potential as a treatment for hidradenitis suppurativa.

Acelyrin HQ
Blue skies over Acelyrin's headquarters • Source: Acelyrin

As observers eagerly await its listing on the US NASDAQ tomorrow (5 May), Acelyrin, Inc. has significantly upped the size of its initial public offering ahead of entry into the hot market of hidradenitis suppurativa (HS) and other lucrative immunology indications.

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on Scrip for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required

More from Financing

More from Business