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SNY - IPO Update: Silverback Therapeutics Readies $125 Million IPO
Sanofi
Silverback Therapeutics has filed proposed terms for its $125 million IPO.
The firm is advancing programs to treat various highly prevalent forms of cancer.
SBTX has produced initially intriguing results but investors will likely need to wait until 2022 to see a meaningful catalyst, so I'll watch the IPO from the sidelines.