Here comes Gossamer Bio…

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  • Gossamer Bio will go public Friday on the Nasdaq.
  • Shares priced at $16 apiece on Thursday evening, raising about $276 million.
  • Gossamer will trade under the ticker “GOSS.”

Gossamer Bio priced its initial public offering on Thursday evening.

The clinical-stage biopharmaceutical company that focuses on “discovering, acquiring, developing and commercializing therapeutics in the disease areas of immunology, inflammation and oncology” priced its IPO at $16 a share, according to a press release out Thursday evening. The sale of 17.25 million shares will raise about $276 million.

BofA Merrill Lynch, SVB Leerink, Barclays and Evercore ISI were joint book-running managers for the offering.

Gossamer shares will trade on the Nasdaq, under the ticker “GOSS.”