Evommune files for IPO, aims to raise $159 million for inflammation drugs
PositiveFinancial Markets

Evommune has officially filed for an initial public offering (IPO), seeking to raise $159 million to advance its innovative inflammation drugs. This move is significant as it highlights the growing interest and investment in biotech companies focused on addressing inflammatory diseases, which affect millions worldwide. The funds raised could accelerate Evommune's research and development efforts, potentially leading to new treatments that could improve the quality of life for many patients.
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