The Preclinical IPO Comeback Continues With Septerna’s $158m Goal
Septerna’s plans shows companies are once again daring to undertake IPOs without Phase I data – though share movements this year show many face a rough ride on the public markets.
![Share prices](https://insights.citeline.com/resizer/v2/O7SAF3JEOJIRZFFQYP5HT6MA7U.jpg?smart=true&auth=50feec70b186f9bd1ce9bc03ce02988ac5a2a2353dc3c8b5642f29f18652f535&width=700&height=394)
Septerna’s plans shows companies are once again daring to undertake IPOs without Phase I data – though share movements this year show many face a rough ride on the public markets.