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Iambic Therapeutics Pursues IPO Amid Controversy Over Isomorphic Labs' High Valuation

Axios ·

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  1. 1Iambic Therapeutics plans to launch an IPO this week.
  2. 2Iambic's valuation at the top of the IPO price range is $900 million.
  3. 3Bloomberg reported that Isomorphic Labs is in early negotiations for new funding with a valuation of at least $40 billion.

So what's the key point?

Iambic Therapeutics is preparing to enter the stock market. There is debate regarding whether Isomorphic Labs is worth as much as $40 billion.

Source Axios · View original ↗

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