Drugmaker Parabilis Soars 67% After $745 Million IPO, Placement

Drugmaker Parabilis Soars 67% After $745 Million IPO, Placement

Parabilis Medicines Inc. shares jumped as much as 67% in its trading debut, after the company raised nearly $745 million in an upsized US initial public offering that priced above its marketed range and a private placement.

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