European biotechs rush to list on Nasdaq
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A $245m fundraising by the French maker of a treatment for peanut allergy has highlighted a rush by European companies to raise money on Nasdaq’s booming biotech market.
More than 20 European life science companies have listed in New York over the past two years and several others are preparing to join them in a reflection of the easier access to capital in the US.
Paris-based DBV Technologies raised $93m when it floated on Nasdaq last October and it followed up on Wednesday with a further $244.8m in one of the biggest public offerings so far by a European biotech company in the...
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