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Two biotech IPOs were just acquired for $1+ billion each

CMTA

Biotechs got a shot in the arm on Monday, with $1+ billion acquisitions of 2015 and 2017 IPOs. Gene therapy biotech Spark Therapeutics spiked 120% on Monday after announcing that it would be acquired by Roche for about $4.8 billion. Its stock closed above $113, a 393% premium to its January 2015 offer price. Spun out of the Children's Hospital of...read more

US IPO Weekly Recap: June kicks off to a slow start with 2 IPO pricings but only one trading

MGTX

Two IPOs priced in the first week of June; only one has started trading Four companies added to the calendar (including two SPACs)  ...read more

US IPO Week Ahead: 2 IPOs in the first week of June; more launches expected

YQ

It's a slow start to the typically-active month of June, but that should change soon. Two companies are targeting a combined $158 million in the week ahead. Deals include Taiwan-based live streaming company M17 Entertainment and gene therapy biotech MeiraGTx. ...read more

No IPO in sight: GenSight Biologics withdraws $65 million IPO

GenSight Biologics, which is developing gene therapies for rare retinal diseases, withdrew its plans for an initial public offering on Thursday. It had filed to raise $65 million by offering 4.7 million shares at a price range of $13 to $15. It is the second biotech to withdraw IPO papers in two days, following Bavarian Nordic's (BAVN) withdrawal on Wednesday. Another...read more