Third Rock-backed fibrosis company Pliant joins IPO queue

By Paul Bonanos, Associate Editor | May 11, 2020 | 1:41 PM GMT

Activity among biotech IPOs has reached a steady drip following a slowdown for several weeks as COVID-19’s spread roiled markets earlier this year. The latest to file for a NASDAQ listing is Pliant, a clinical fibrosis company that’s seeking up to $86.3 million in its proposed offering.

Launched by Third Rock Ventures in 2016, Pliant Therapeutics Inc. is developing lead candidate PLN-74809

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