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ADARx Pharmaceuticals Raises $446.3 Million in Upsized US IPO

The biotech sold more than 26 million shares at the top of its range and added about $89 million from AbbVie.

Summary by WTVB
Sept 25 (Reuters) - ADARx Pharmaceuticals said on Thursday it had raised $446.3 million in an upsized US initial public offering, reflecting growing ​investor appetite for biotech listings. The San Diego-based ‌drug developer sold 26.3 million shares a...

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biopharmadive.com broke the news on Thursday, September 24, 2026.
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