Stealth Bios IPO Raises $78M for Clinical Tests of Mitochondrial Drugs

Stealth Bio’s IPO Raises $78M for Clinical Tests of Mitochondrial Drugs

17:16 EST 15 Feb 2019 | Xconomy

Stealth BioTherapeutics has popped up on the radar with a $78 million IPO to fund clinical trials for drugs treating rare mitochondrial disorders. Shares of Stealth Bio (NASDAQ: MITO) made their stock market debut Friday at $12 apiece, which was the low end of the company’s targeted $12 to $14 range. The biotech sold 6.5 […]

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