BioSpace· Gabrielle Masson·· 3 hours agoPickScore40
Biotech IPOs raise $7.5B as sector’s performance rally flattens
In brief
Biotech IPOs raised $7.5 billion across 22 offerings in the first three quarters of 2026, according to J.P. Morgan. The XBI fell less than 1% in the third quarter as the sector's rally flattened. Parabilis Medicines' summer debut raised $670 million, the largest IPO in biotech history, and at least 31 biotechs had gone public as of Oct. 26.
Why it matters
Quantifies 2026 biotech IPO activity and the sector's flattening rally.
Source: BioSpace · biospace.com