Finance

Novo-Backed Drugmaker Avalyn Soars 64% After Trading Debut

Avalyn Pharma Inc. shares jumped 64% in its trading debut, after the biopharmaceutical company raised $300 million in an upsized US initial public offering.

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Bloomberg
April 30, 2026·1 min read
Novo-Backed Drugmaker Avalyn Soars 64% After Trading Debut

Image: Bloomberg

Avalyn Pharma Inc. shares jumped 64% in its trading debut, after the biopharmaceutical company raised $300 million in an upsized US initial public offering.

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Novo-Backed Drugmaker Avalyn Soars 64% After Trading Debut

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