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Clinical trial solutions provider WCG Clinical officially withdraws $720 million IPO

WCGC

WCG Clinical, which performs ethical reviews and other clinical trial services to biopharmas and CROs, withdrew its plans for an initial public offering on Wednesday. It had filed to raise $720 million by offering 45 million shares at a price range of $15 to $17 but postponed ahead of pricing in August. The Princeton, NJ-based company was founded in 1968 and booked $498 million in...read more

US IPO Weekly Recap: Postponements abound in a 4 IPO week

After a busy July, the IPO market began to pump the brakes this past week with four IPOs and four postponements. SPAC activity remained steady with seven blank check IPOs. New filers trickled into the IPO pipeline, with only one IPO and six SPACs submitting initial filings.     Four companies postponed: biopharmaceutical royalty company ...read more

Clinical trial solutions provider WCG Clinical postpones $720 million IPO

WCGC

WCG Clinical, which performs ethical reviews and other clinical trial services to biopharmas and CROs, postponed its IPO on Thursday. It had filed to raise $720 million by offering 45 million shares at a price range of $15 to $17. WCG believes that it is a leading provider of clinical trial solutions, which enable biopharmaceutical companies, contract research organizations (CROs),...read more

US IPO Week Ahead: Weber hopes for a well-done debut in an 11 IPO week

WEBR

Updated Monday, 8/2. Following another record week for activity, the IPO market is cooling down heading in to August with 11 IPOs scheduled for the week ahead.   Outdoor grilling brand Weber (WEBR) plans to raise $750 million at a $4.7 billion market cap. The company manufactures and sells charcoal grills, gas grills, smokers, pellet &...read more