ArriVent prices $175M IPO in back-to-back oncology biotech listings
ArriVent Biopharma will join the Nasdaq on Friday morning in a strong start to biotech’s first batch of initial public offerings this year.
The Pennsylvania drugmaker said Thursday night it would sell 9.72 million shares $AVBP at $18 apiece, the midpoint of the range it proposed earlier this week. The late-stage biotech will raise $175 million in its upsized offering.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.