Sept 18 (Reuters) -
BioAge Labs, an obesity therapy-focused company that has
also collaborated with Eli Lilly ( LLY ), said on Wednesday it
was seeking a valuation of as much as $587 million in its
initial public offering in the United States
.
Healthcare firms have done comparatively well in an
otherwise subdued U.S. IPO market in 2024, which was touted by
analysts to be a comeback year for public offerings.
BioAge will list its shares on the Nasdaq under the
symbol "BIOA."
Goldman Sachs, Morgan Stanley, Jefferies and Citigroup
are the underwriters for the offering.