Ascentage raises $126m in first biotech IPO of 2025

Ascentage raises $126m in first biotech IPO of 2025

Source: 
Pharmaphorum
snippet: 

Chinese biotech Ascentage Pharma has taken the first US biotech initial public offering (IPO) of 2025 over the finish line, raising $126 million for its pipeline of small-molecule cancer drugs.