
The IPO Buzz: AgomAb Therapeutics (AGMB) Prices IPO at $16 & Joins ‘The Mid-Point Club’

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AgomAb Therapeutics NV (AGMB) has priced its IPO at $16.00, aligning with the mid-point trend, raising $200 million by offering 12.5 million American Depositary Shares. The funds will support Phase 2 trials for its Crohn’s disease pill and inhaled treatment for pulmonary fibrosis. Despite backing from Pfizer, AgomAb reported a net loss of $65.98 million with no product revenue for the past year. The shares are set to begin trading on NASDAQ.

