Four more US biotechs filed to go pub lic Fri day as yet more com pa nies clam ber to get through a yawn ing IPO win dow and on to a mar ket that’s sig naled its will ing ness to re ward near ly any new drug mak er.
The new en trants are led by ALX On col o gy and the bi o log i cal an a lyt ics biotech Berke ley Lights, each of whom filed to raise $100 mil lion. The au toim mune com pa ny Pan dion Ther a peu tics al so filed for $75 mil lion, and Kiromic Bio phar ma, a tiny im muno-on col o gy start up based in San An to nio, filed for $25 mil lion.