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Philadelphia biotech firm spun out of Penn goes public in $74.8M IPO

Posted on October 25, 2019

Philadelphia’s Cabaletta Bio Inc. raised $74.8 million in an initial public offering Friday, becoming the region’s first life sciences IPO of 2019. The University of Pennsylvania spinout company sold 6.8 million shares of common stock at $11 per share.

Read More on Bizjournals.com

Posted in PCI Ventures, School of Medicine, StartupsTagged: External Stories

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