Kailera Therapeutics Completes $625 Million IPO, Largest in Biotech History
Kailera Therapeutics has completed a $625 million IPO, the largest in biotech history, with shares priced at $16 each. The company plans to use the funds to advance its obesity treatments, including ribupatide, and expand its pipeline. The IPO follows a $400 million Series A in October 2024.
Topics: Biotech Funding IPO Kailera Therapeutics Market Expansion Obesity Treatment