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Venture Capital

VC-Backed Biotherapeutics Company Seeks $82M In IPO

by pehub.com posted 1year ago 329 views
<p>Zymeworks, a Vancouver biotherapeutics provider, has set the terms of its recently filed initial public offering in Canada and the United States. Zymeworks, backed by multiple VC and strategic investors, plans to raise&nbsp;as much as $110 million (US$82.8 million) from a sale of as many as&nbsp;5.2 million common shares at US$13 to US$16 per unit, according to the updated prospectus.</p>