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Parkinson's biotech Prevail Therapeutics prices IPO at $17 midpoint

June 19, 2019
PRVL

Prevail Therapeutics, an early stage biotech developing gene therapies for neurodegenerative diseases, raised $125 million by offering 7.4 million shares at $17, the midpoint of the $16 to $18 range. Prevail Therapeutics plans to list on the Nasdaq under the symbol PRVL. Morgan Stanley, BofA Merrill Lynch and Cowen acted as lead managers on the deal.