[seopress_breadcrumbs]

Biotechnology IPOs Are All of a Sudden Cool in 2013

Biotechnology IPOs Are All of a Sudden Cool in 2013

Biotech

The IPO scene in Biotechnology after 2008 was nearly non-existent, and even last year there were less than a dozen altogether. After Cellular Dynamics International went public in June, five life sciences companies began trading in the same week.

After a serious “bottoming out,” the industry is apparently up nearly 300 percent, with sub-categories of life sciences skyrocketing at apparently fast rates. Companies like Conatus Pharmaceuticals (CNAT), Onconova Therapeutics (ONTX), and Cellular Dynamics International (ICEL) are just now taking off, with recent IPOs like those of Agios Pharmaceuticals ($AGIO) and Heat Biologics ($HTBX) in the mix as well.

Understanding the “why” behind this trend may be difficult to pin down. Is there a “Buzz Word” triggering all of this? Like the 4-minute mile, maybe once somebody does goes public – the rest of the industry believes it’s possible to follow suit. A likely cause of this recent “LifeSci” IPO flood could be the recent successes that might be enticing present investors. Portola (IPO-ed in May of this year) started at $14.50 per share, and is at $23.85 as of today.

Other “wins” include Pearl Therapeutics Inc, who was recently bought out by AstraZeneca for over a $1B. Not too shabby for the 7-year-old company planning to expand their portfolio of respiratory treatment products.

Q3 and Q4 may me more of the same, but with some losers in the mix with with Q1 and Q2’s winners, it’s clear that not all investors will be chomping at the bit.

-Daniel Faggella

[mrj_paywall] unauthorized access

Share article

Subscibe to updates

Subscribe to weekly email with our best articles Financial Services updates that have happened in the last week.

Recommended from Emerj

This Content is Exclusive to Emerj Plus Members

You’ve reached a category page only available to Emerj Plus Members.

Members receive full access to Emerj’s library of interviews, articles, and use-case breakdowns, and many other benefits, including:

In-Depth Analysis

Consistent coverage of emerging AI capabilities across sectors.

Created with Sketch.

Exclusive AI Capabilities Matrix

An explorable, visual map of AI applications across sectors.

Created with Sketch.

Exclusive AI White Paper Library

Every Emerj online AI resource downloadable in one-click

Created with Sketch.

Best Practices and executive guides

Generate AI ROI with frameworks and guides to AI application

View membership options

Register