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Electra Amasses $350M in Biotech’s Latest Big IPO

The offering includes a 30-day overallotment option for underwriters and is expected to raise about $350 million before expenses.

Nearly a dozen biotechnology firms have matched or raised more than $300 million in their initial public offerings in 2026, a figure not seen since new stock sales peaked in 2021, according to BioPharma Dive data.

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Immunology Drugmaker Electra Raises $350 Million in Upsized IPO

·New York, United States
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biopharmadive.com broke the news on Thursday, September 17, 2026.
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