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Finance Watch: Big Money In Post-Data Follow-On Offerings

With Cash Limited, Others Cut Programs, Jobs

Executive Summary

Public Company Edition: Insmed grossed $650m, Structure raised $476m and Merus brought in $400.2m after positive clinical trial results. But while CARGO raised $110m in a private placement and Day One sold a priority review voucher for $108m, Ikena, Takeda and others cut jobs.

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