Is 2024 the Year for the Life Science IPO Market?
Since November 2023, the IPO market for companies has shown some signs of life – dare we say, “green shoots.” Over the most recent 15-week period, 10 firms transition to their new chapters as publicly listed companies. In 8 of the 10 cases, the stock price has risen above the new issue price, with notable increases from Cargo Therapeutics (“CRGX”) +55.0%; Arrivent Biopharma (“AVBP”) + 28.9%; and CG Oncology (“CGON”) + 129.5% (as of EOD, February 23). Continue Reading