Lexeo Therapeutics Inc. became the 20th biopharma to launch an initial public offering in the US on 2 November when it sold 9.09 million shares at $11 each to gross $100m in its late-night public market debut. The proceeds will fund its development of genetic medicines to treat genetically defined cardiovascular diseases and APOE4-associated Alzheimer’s disease.
New York-based Lexeo is the first company to go public in the US in November, after Abivax SA was...