Drugmaker Parabilis Raises $745 Million in US IPO, Placement

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Bloomberg Markets 5 hours ago • bloomberg.com

Drugmaker Parabilis Raises $745 Million in US IPO, Placement

Parabilis Medicines Inc., a clinical-stage cancer drug developer, raised nearly $745 million in an upsized US initial public offering that priced above its marketed range, and a private placement.

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