ARTICLE | Finance
Nearing $30B in 2021, global biotech IPOs on pace to top record
IPOs by Pyxis, IsoPlexis and Cognition bring October’s tally to almost $900M in fresh paper
October 8, 2021 10:00 PM UTC
Three IPOs that priced on Friday brought global biotech IPOs to nearly $30 billion year-to-date, but the two largest offerings — by Pyxis and IsoPlexis — slipped in their debuts on NASDAQ.
Biotechs have raised a total of $28.7 billion in IPOs with less than three months to go in the year. That’s on pace to top last year’s record $34.6 billion raised via IPOs...