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ADARx raises $446.3 million in IPO

Original: ADARx bags $446.3M IPO as another siRNA startup readies for its debut

RNA-focused biotech ADARx has priced an initial public offering raising $446.3 million, a strong showing for a genetic-medicine startup. The listing comes as another siRNA company prepares its own stock market debut, signalling renewed investor appetite for RNA interference platforms after a lean stretch for biotech offerings.

Why now: Investors are tracking a wave of siRNA startup listings as biotech IPO activity picks up.

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