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Novo Holdings-Backed Windward Bio Raises $175 Million in US IPO

The Swiss biotech priced shares at $17 each and secured a $50 million private placement from Sanofi as it expands asthma and COPD drug trials.

Summary by WTVB
Nov 12 (Reuters) - Novo Holdings-backed Windward Bio said on Thursday it had raised $175 million in its US initial public offering ​after selling about 10.3 million shares ‌at $17 apiece. The IPO price was within its marketed range of $16 to $18. Basel...

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Bloomberg broke the news in New York, United States on Thursday, November 12, 2026.
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