Braveheart Bio shares surged 68% in their Nasdaq debut after a $382.5M IPO, pushing the cardiovascular biotech's market cap past $2 billion.

Braveheart is one of five biotechnology firms that made plans to price an IPO this week, bringing in total what could ultimately be more than $1 billion from public investors.

Braveheart Bio prices $382.5M IPO, tapping Hengrui-licensed BHB-1893 to challenge Bristol Myers' Camzyos and Cytokinetics' Myqorzo in cardiomyopathy.