Four biopharmaceutical companies saw an opening in the US stock market for new offerings and seized the opportunity before the window could shut again, launching an initial public offering, two follow-on public offerings (FOPOs) and a large sale of convertible notes to raise $1.62bn in a single day.
AN2 Therapeutics, Inc. grossed $69m in its IPO and Ascendis Pharma A/S grossed $500m from a convertible note...






