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The Nexus
HEALTHApr 30 · 01:12 UTCBLOOMBERGAvalon Pernell

Novo-Backed Drugmaker Avalyn Raises $300 Million in Upsized IPO

Avalyn, a drugmaker backed by Novo, raised $300 million in an upsized IPO. Its drug AP01 has completed a clinical trial for idiopathic pulmonary fibrosis.

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