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ADARx Pharmaceuticals targets $1.74 billion valuation in US IPO
The biotech plans to use part of the proceeds for late-stage trials and further research as AbbVie takes a 4.9% stake.
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RNA drug developer ADARx seeks $1.74 billion valuation in US IPO - Regional Media News
Sept 21 (Reuters) - ADARx Pharmaceuticals is targeting a valuation of up to $1.74 billion in its US initial public offering, the company developing RNA drugs said on Monday. The company is aiming to raise up to $371.9 million by offering 21.9 million shares priced [...]
ADARx Pharmaceuticals targets $1.74 billion valuation in US IPO
Sept 21 (Reuters) - ADARx Pharmaceuticals is seeking a valuation of up to $1.74 billion in its U.S. initial public offering, the company said on Monday, as investor appetite for biotech listings strengthens. The San Diego, California -based company ...
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