Back Bay Life Science Advisors’ Post

The DNB//Back Bay Partnership’s #MarketUpdate report for the week ending December 6th is now available. Highlights include: ➡️ US indices ended the week up thanks to a promising jobs reports and investors pricing in an increased likelihood of another rate cut coming out of the Federal Reserve’s meeting in mid-December ➡️ Follow-on offerings had a notably active week with two clinical-stage oncology companies – Revolution Medicines and Janux Therapeutics raising $762.5M and $335.0M each, respectively ➡️ Licensing deals observed an uptick in volume last week, led by Novartis spending $1.0B upfront and $1.9B in milestones for the global rights to PTC’s Phase 2 Huntington's drug candidate PTC518 Read the full update here: https://bit.ly/4faiasC #healthcaremarket #investmentbanking #corporatebanking #marketsinc #markettrends #financing #BBLSA #DNB 

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