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IN BRIEF: RTW Venture Fund's iTeos Prices Nasdaq IPO At USD201 Million

27th Jul 2020 21:19

RTW Venture Fund Ltd - life sciences-focused investment firm - Notes that portfolio company iTeos Therapeutics Inc has priced its NASDAQ initial public offering at USD201.1 million. ITeos is a clinical-stage biotechnology developing innovative cancer immunotherapies. IPO was oversubscribed, raising USD201.1 million by issuing 10.5 million shares at USD19.00 each.

Current stock price: USD1.48

Year-to-date change: up 8.0%

By Dayo Laniyan; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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