Elevation files for $100M IPO to fund tumor-agnostic candidate

Elevation files for $100M IPO to fund tumor-agnostic candidate

Source: 
Fierce Biotech
snippet: 

Elevation Oncology has filed to raise $100 million in an IPO. The money will support development of an anti-HER3 antibody that failed multiple trials at Merrimack Pharmaceuticals before being picked up by Elevation and repositioned as a treatment for solid tumors harboring an NRG1 fusion.