Black Diamond Therapeutics makes waves as they debut the largest biotech IPO in recent history
Updated: Jun 2, 2020
Biolabs@NYULangone resident Black Diamond made news yesterday as they set their sights on an upsized biotech IPO to kick off 2020. Shares (on Nasdaq under the symbol $BDTX) finished their first day trading up 108% from the offer price of $19... bringing their market value up to $1.3 billion.
This listing is - at least for now - the largest in the US so far this year.
Congratulations to the team! We love seeing success from our Residents and can't wait to see what's next.
Learn more about Black Diamond and their tumor-agnostic approach to fighting cancer HERE