MBX Biosciences raises $163.2 mln in US IPO-March 2024-www.financetom.com

MBX Biosciences raises $163.2 mln in US IPO

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MBX Biosciences raises $163.2 mln in US IPO

Sep 13, 2024 2:06 PM

Sept 12 (Reuters) - MBX Biosciences, which is developing

peptide therapies for treating endocrine and metabolic

disorders, including diabetes and obesity, said on Thursday it

has raised $163.2 million in its U.S. initial public offering.

The biotechnology company priced its offering of 10.2

million shares at $16 apiece, at the high-end of its targeted

range of $14 to $16 each.

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