Finance Watch: Follow-Ons Bring In Big Post-Data Cash For Nuvalent And Others
Athira, Cidara, Oncternal And Connect Cut Jobs
Executive Summary
Public Company Edition: Follow-on public offerings brought in $500m for Nuvalent, $235m for Summit and $225m each for Centessa and Viridian after recent readouts. Also, Kairos raised $6.2m in this year’s 19th IPO, Bayer sold €750m ($834m) in bonds and an Ionis FOPO grossed $500.3m.