ARTICLE | Financial News

InflaRx prices $100M IPO

November 10, 2017 8:43 PM UTC

InflaRx N.V. (NASDAQ:IFRX) raised $100 million on Nov. 8 through the sale of 6.7 million shares at $15 in an IPO underwritten by JPMorgan, Leerink and BMO Capital Markets. The share price is at the midpoint of InflaRx's proposed $14-$16 range and values the company at $351.2 million.

In October, InflaRx raised $55 million in a series D round (see BioCentury, Oct. 13)...