Finance Watch Public Company Edition: Akcea, Kala Launch IPOs While FOPOs Keep Busy Pace
Kala follows July's first biopharma IPO from Ionis spinout Akcea into the stock market. Amicus, Arena and othera go high with major offerings, while Inovio and Regulus go low. Also, Galena, Neothetics provide updates on their hunts for "strategic alternatives."
Investors are buying biopharmaceutical company stocks again, even for firms struggling to stay afloat, so the industry continues to feed the fervor with initial public offerings and others opportunities to buy drug developer stocks.
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