Bay Area's 10th life science IPO this year raises $26M as No. 11 hopes to fetch $86M

The Bay Area's 18th IPO of the year happened with little notice last week and a filing for another one was made on Friday. San Jose-based Aridis Pharmaceuticals Inc. raised about $26 million in a small offering on Tuesday that priced at the low end of its target range. The new filing on Friday was by South San Francisco-based Principia Biopharma Inc., which said it plans to raise about $86 million with its IPO. The l ife sciences sector has produced about half of the new public companies from theā€¦
Source: bizjournals.com Health Care News Headlines - Category: Health Management Authors: Source Type: news