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Parabilis prices upsized IPO at $20 per share, raising $670M plus $75M private placement from Regeneron.

Company Fundamentals
10 Jun 2026
Na
View Source
Bullish
pluang ai news

Parabilis Medicines, a clinical-stage biopharmaceutical company, announced the pricing of its upsized initial public offering (IPO) of 33.5 million shares at $20 each, expected to raise approximately $670 million. Additionally, Parabilis agreed to a concurrent private placement of 4.17 million shares to Regeneron Pharmaceuticals at $18 per share, expected to bring in about $75 million. The IPO shares will begin trading on Nasdaq under the ticker PBLS on June 10, 2026, with the offering closing around June 11, subject to customary conditions. This capital raise supports Parabilis' development of novel medicines targeting difficult protein targets in human disease.

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