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Parabilis' $670M IPO sets new biotech record, will fund cancer drug
Parabilis Medicines prices a $670M IPO — the biggest biotech Nasdaq debut ever — to fund its experimental desmoid-tumor drug zolucatetide.
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endpoints.news
Lilly offers up to $1B for Alzheimer's drug; Bial cuts failed Parkinson's drug
Lilly pays up to $1B for AlzeCure's small-molecule Alzheimer's candidate; Bial drops Parkinson's drug after Phase 2b miss; Parabilis boosts IPO target to $553M net proceeds.
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biopharmadive.com
Parabilis sets a record with a $670M biotech IPO
The largest-ever new stock sale for a venture-backed biotech company extends a streak of large IPOs in 2026 that’s now resulted in 12 drug startups securing more than $4.1 billion…
