Zymeworks, a early-stage biotech developing bispecific antibodies that target HER2 tumors, raised $59 million by offering 4.5 million shares at $13, the low end of the range of $13 to $16. Zymeworks plans to list on the NYSE under the symbol ZYME. Citi, Barclays and Wells Fargo Securities acted as lead managers on the deal.
The article Zymeworks prices IPO at $13, the low end of the range originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.
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