Renaissance Capital logo

GOSS News

US IPO Weekly Recap: Two billion-dollar biotechs cap a mixed week for biotech IPOs

ALEC

In the second week after the SEC opened we saw a number of launches and two billion-dollar biotechs, Alector (ALEC) and Gossamer Bio (GOSS), price their IPOs. Another biotech, Harpoon Therapeutics (HARP), along with three SPACs, also priced their IPOS. Alector, a Phase 1 biotech developing therapies for...read more

Gossamer Bio prices upsized IPO at $16

GOSS

Gossamer Bio, which is developing in-licensed immunotherapies for asthma and other indications, raised $276 million by offering an upsized 17.3 million shares at $16, the indicated IPO price. Insiders indicated an interest in purchasing $100 million (36% of deal size) worth of shares on the IPO. At pricing, Gossamer commands a fully diluted market cap of $1.1 billion. Gossamer Bio...read more

2 billion-dollar biotechs will IPO this week; here's how the last 5 performed

ALEC

One prediction from our 2018 Annual IPO Review is already coming true: Biotech IPOs are getting bigger. Two biotech IPOs with proposed billion-dollar valuations are ...read more

US IPO Week Ahead: 2 billion-dollar biotechs in a 4-IPO week

ALEC

Four IPOs plan to raise $523 million in the week ahead. Biotechs are still a strong force in the IPO market with three early-stage immunotherapy plays on the docket, including two with proposed billion-dollar valuations. A micro-cap Florida bank rounds out the group. Two blank check companies are also on the week's ...read more