Biotech, Med Device Companies Price 6 IPOs Totaling $712M

Law360 (October 16, 2020, 8:27 PM EDT) -- Five biotechnology companies and a medical device firm went public on Friday after raising a combined $712 million from initial public offerings, capping a busy week in which nine companies tapped public markets for more than $2.3 billion.

The latest batch of six IPOs tapped the services of 11 law firms, when counting representation of issuers and underwriters. Davis Polk & Wardwell LLP, Goodwin Procter LLP and Latham & Watkins LLP steered two deals apiece, while eight firms worked on one each.

Therapy maker Praxis Precision Medicines Inc., advised by Goodwin Procter LLP, completed the largest among the new IPOs, raising...

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