- cafead Oct 07, 2021 at 11:42: AM
via A Boston biotech with a hefty backing from OrbiMed is making its Nasdaq debut Thursday.
Theseus Pharmaceuticals priced its IPO at $16 per share, the high end of its range, jumping to the public market roughly six months after OrbiMed led the biotech’s nine-figure Series B. Theseus netted $160 million for the public offering, bringing the sector’s total combined 2021 raise to $13.74 billion across 86 different companies, per the Endpoints News tally.
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Theseus Pharmaceuticals priced its IPO at $16 per share, the high end of its range, jumping to the public market roughly six months after OrbiMed led the biotech’s nine-figure Series B. Theseus netted $160 million for the public offering, bringing the sector’s total combined 2021 raise to $13.74 billion across 86 different companies, per the Endpoints News tally.
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