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Friday, March 29, 2019

US IPO Week Ahead: Life Sciences

Silk Road Medical (SILK) could see a lot of interest, based on its fast growth (+142% in 2018 on $35mm of sales) and the returns of recent IPO device maker ShockWave Medical (SWAV; +100% from IPO).
NGM Biopharmaceuticals (NGM) is the latest billion-dollar biotech, attempting tor raise $100 million at a valuation of $1.1 billion. Like this past week’s Genfit (GNFT), NGM is targeting NASH, among other diseases.

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