Weight-loss drug developer Metsera raises $275 million in US IPO

Reuters

2025/01/31

Jan 30 (Reuters) - Weight-loss drug developer Metsera has raised $275 million after pricing its U.S. initial public offering at $18 per share, above its targeted range, the ARCH Venture Partners-backed biotech company said on Thursday.

(Reporting by Prakhar Srivastava and Kanjyik Ghosh in Bengaluru; Editing by Alan Barona)

((Prakhar.srivastava2@thomsonreuters.com))

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