BioCentury
ARTICLE | Financial News

Tricida gains, others dip after upsized IPOs

June 28, 2018 5:15 AM UTC

Among three well-funded biotechs that priced IPOs, Tricida Inc. (NASDAQ:TCDA) had by far the best first-day performance Thursday, posting a 37% gain, while Translate Bio Inc. (NASDAQ:TBIO) and Forty Seven Inc. (NASDAQ:FTSV) each lost ground.

All three had upsized the number of shares in their offerings. The trio raised a total of more than $450 million...