Momenta, Forty Seven, Assembly push 2019 follow-on tally to $21.5B

Momenta, Forty Seven and Assembly joined the year-end push for follow-on stock offerings, raising an aggregate of $520 million.

The financings bring this year’s tally for follow-ons to about $21.5 billion, well short of 2018’s raise of nearly $27 billion but approaching the $22.6 billion raised in 2017, according to BioCentury’s BCIQ database. ...