BioCentury
ARTICLE | Finance

Cardiovascular in-licensing play Kardigan looking for quick path to IPO: Finance Report

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May 29, 2026 7:59 PM UTC

With three programs that have generated clinical data, cardiovascular company Kardigan is aiming to execute an IPO less than three years after its incorporation, making it the latest well-funded biotech to seek a short path to the public markets.

Kardigan Inc. filed a prospectus late Tuesday for a NASDAQ offering that would follow its announcements of two nine-digit venture rounds in 2025: a  $300 million series A as the year began, and a $254 million series B in October...