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The Nexus
BUSINESSJul 31 · 02:24 UTCBLOOMBERGAngel Adegbesan

Shionogi-Backed Biotech Apnimed Raises $192 Million in US IPO

Apnimed Inc., a late-stage drug developer focused on sleep apnea, raised $192 million in an upsized US initial public offering, priced at the top of a marketed range. The company is backed by Shionogi.

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