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Macro Finance

Adarx Pharmaceuticals Raises $446.3 Million in Upsized US IPO

Bloomberg Markets·September 24, 2026·1 min read

Adarx Pharmaceuticals Inc., a late-stage developer of gene therapies, raised $446.3 million in an upsized initial public offering that priced at the top of its marketed range. The strong debut signals investor appetite for biotech IPOs, with the company securing substantial capital to advance its pipeline.

Read at Bloomberg Markets
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