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Finance Watch: Sun Shines On Biotech Stocks As J.P. Morgan Ends

Deal Activity Kept Key Indices Rising

Executive Summary

Public Company Edition: Also, Johnson & Johnson’s consumer health spin-out Kenvue filed paperwork to get the ball rolling on an initial public offering. In addition, Geron raised $198m and Madrigal accessed more than $300m after positive trial readouts, but layoffs were revealed by Editas, Elevation, Nabriva and others.

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