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ADARx Pharmaceuticals raises $446.3 million in upsized US IPO

Source: reuters.com

IPOs & SPACsHealthcare & BiotechInvestor Sentiment & Positioning
ADARx Pharmaceuticals raises $446.3 million in upsized US IPO

ADARx Pharmaceuticals raised $446.3 million in an upsized U.S. IPO, signaling strong demand for the biotech issuer. The deal reflects growing investor appetite for biotechnology listings and is a constructive indicator for the sector's new-issuance market.

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