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Finance Watch: Denali, Avidity And Others Chase Big Money Via Private Placements

Chromocell Launches 8th IPO Of 2024

Executive Summary

Public Company Edition: Denali, Crinetics and Ocular Therapeutix grossed $500m, $350m and $325m, respectively, in private placements ahead of data readouts. Also, Viking raised $550m after its positive Phase II obesity data and Abingworth invested $210m in Gilead’s Trodelvy NSCLC trials.

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