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Finance Watch: Moderna Launches Biggest Biopharma IPO Ever As US Market Resets Expectations

Executive Summary

Public Company Edition: Moderna's $604m IPO launches as the US stock market is in decline and public biotechs are doing especially poorly. Also, as Shire acquisition closing moves near, Takeda firms up additional financing; and Global Blood, Theravance, Amarin capitalize on good news.

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