Alumis eyes another $300 million to take forward TYK2 blockers
In a filing with the US Securities and Exchange Commission (SEC), Californian biotech Alumis has revealed it aims to raise around $300 million in its upcoming initial public offering (IPO).
The company will take in $274 million at the planned share price, but could collect over $315 million if underwriters opt to buy an additional tranche of shares.
Since its inception as Esker Therapeutics in 2021, Alumis has consistently demonstrated its fundraising prowess, having previously raised $70 million in a series A round and $200 million in a series B round.
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