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Kymera, raising $173M+, becomes the 48th biotech IPO of the year as 2020 surpasses 2019

cafead

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  • cafead   Aug 21, 2020 at 12:23: PM
via Yet another biotech will hit Nasdaq on Friday, and this one marks a milestone for 2020.

Cambridge, MA-based Kymera has priced its IPO, announcing a public price of $20 per share and $173.7 million raise. That’s upsized from an initial range of $16 to $18 per share, and would give the company a market value north of $900 million.

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