Drug Development

Periscope: Unsuccessful on Nasdaq, GenSight finds a home on Paris exchange

Paris-based GenSight would likely have been met with open arms on Nasdaq if it had filed for an IPO when biotech offerings and gene therapies were a hot commodity. Instead, it couldn’t fly in New York. But it has found a welcome reception closer to home on the (much smaller) Paris exchange. The biotech, run by serial entrepreneur Bernard Gilly, raised $44 million, according to a report from Reuters, pricing shares at 8 euros. Its syndicate included Novartis, Abingworth, Versant and Medixci. A year ago, GenSight was in the market for a $100 million IPO in the U.S. But times have changed.


The best place to read Endpoints News? In your inbox.

Comprehensive daily news report for those who discover, develop, and market drugs. Join 35,300+ biopharma pros who read Endpoints News by email every day.

Free Subscription

Biotech Investment Analyst
SV Health Investors Boston, MA
Research Scientist - Disease Biology
Recursion Pharmaceuticals Salt Lake City, UT
Senior Scientist - Predictive Pharmacology
Recursion Pharmaceuticals Salt Lake City, UT
Director, Translational Sciences
Cadent Therapeutics Cambridge, MA
Director of Marketing
twoXAR Mountain View, CA

Visit Endpoints Careers ->