The company could rival Vertex and Lilly in the burgeoning market for non-opioid, ion-channel-blocking pain drugs. Its offering also adds to a recent and significant uptick in large biotech IPOs.

The company could rival Vertex and Lilly in the burgeoning market for non-opioid, ion-channel-blocking pain drugs. Its offering also adds to a recent and significant uptick in…

BlossomHill ($BLSM) & Latigo ($LTGO) priced IPOs Thursday. BlossomHill targets AstraZeneca's Tagrisso; Latigo's LTG-001 rivals Vertex's Journavx in non-opioid pain.