ARTICLE | Financial News
Gossamer Bio prices $276M IPO
February 8, 2019 12:27 AM UTC
Gossamer Bio Inc. (NASDAQ:GOSS) raised $276 million in an upsized IPO priced late Thursday. Trading is to begin Friday.
Launched officially just 13 months ago by ex-Receptos Inc. executives, Gossamer is developing therapeutics for inflammation, immune disorders and oncology. In the IPO, the company sold 17.3 million shares at $16, giving it a valuation just above $1 billion...
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