Two more IPOs add to growing sense of optimism for 2024

17 January 2024

Two new initial public offerings (IPO) are set to go ahead in the USA, raising hopes of a thaw in what has been a long winter for biotech companies going public.

Kyverna Therapeutics has filed paperwork with the US financial regulator for its IPO, which is targeting a fundraise of around $100 million.

Another Californian firm, Alto Neuroscience, has filed for an IPO of an undisclosed size.

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