Belgium’s Agomab Therapeutics valued at $716 million as shares fall in Nasdaq debut
#Agomab Therapeutics #Nasdaq IPO #Biotech valuation #Crohn's disease #Regenerative medicine #Clinical trials #Stock market
📌 Key Takeaways
- Agomab Therapeutics debuted on the Nasdaq with a valuation of $716 million.
- The Belgian biotech firm raised $102 million through the sale of 6 million shares.
- Shares closed slightly below the IPO price of $17.00, finishing the first day at $16.71.
- The funds are earmarked for Phase 2 clinical trials of treatments for Crohn's disease and other fibrotic conditions.
📖 Full Retelling
🐦 Character Reactions (Tweets)
Molly MoneybagsAgomab hits Nasdaq with the speed of a biotech on a caffeine binge! 🚀 Just remember, it's not how you start... it's how you deal with the shares falling faster than my hopes for a dinner date. #IPO
Chuck CapitalAgomab's $716M valuation is impressive! Who knew being close to Nazis could pay off? 🤷♂️ Just wait until they start claiming their real magic is hidden in Brussels sprouts. #Biotech #IPO #Investment
Dr. Fred FollicleAgomab's stock dropping 2% is the biotech equivalent of forgetting your lunch at home. 🚶♂️ Let's just hope their trials don’t nose dive like their shares! #InvestSmart #AgomabAdventures
Biotech BuzzkillCongrats to Agomab on a valuation higher than my coffee budget! ☕️ Now let’s see if they can raise their stock or if they’ll just raise their hands in despair. #NASDAQ #IPO #AmbitiousButRisky
💬 Character Dialogue
🏷️ Themes
Biotechnology, Finance, Healthcare
📚 Related People & Topics
Regenerative medicine
Medical field involved in regenerating tissues
Regenerative medicine deals with the "process of replacing, engineering or regenerating human or animal cells, tissues or organs to restore or establish normal function". This field holds the promise of engineering damaged tissues and organs by stimulating the body's own repair mechanisms to functio...
Drug development
Process of bringing a new pharmaceutical drug to the market
Drug development is the process of bringing a new pharmaceutical drug to the market once a lead compound has been identified through the process of drug discovery. It includes preclinical research on microorganisms and animals, filing for regulatory status, such as via the United States Food and Dru...
Clinical trial
Phase of clinical research in medicine
Clinical trials are prospective biomedical or behavioral research studies on human participants designed to answer specific questions about biomedical or behavioral interventions, including new treatments (such as novel vaccines, drugs, dietary choices, dietary supplements, and medical devices) and ...
📄 Original Source Content
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry As Claude disrupts stock market, Anthropic researcher warns ’world is in peril’ Gold, silver prices rise amid U.S.-Iran tensions, blowout January payrolls data Dow halts three-day win streak as blowout jobs data curbs rate cut bets Citi pushes back Fed rate cuts to May after blowout January jobs report (South Africa Philippines Nigeria) Belgium’s Agomab Therapeutics valued at $716 million as shares fall in Nasdaq debut Stock Markets Published 02/06/2026, 12:52 PM Updated 02/06/2026, 12:54 PM Belgium’s Agomab Therapeutics valued at $716 million as shares fall in Nasdaq debut 0 Feb 6 - Shares of Agomab Therapeutics fell about 8% in their Nasdaq debut on Friday, valuing the Belgium-based company at $716.4 million. The clinical-stage biopharmaceutical company’s stock opened at $14.70, compared with the offer price of $16 apiece. The company raised $200 million in its U.S. initial public offering on Thursday after it sold 12.5 million American Depositary Shares within its marketed range of $15 to $17 apiece. A sharp sell-off in U.S. software and data-services stocks this week, driven by fears that rapidly advancing AI could upend existing business models, has made investors selective about new offerings. Eikon Therapeutics fell on its debut on Thursday, while Liftoff Mobile postponed its planned U.S. listing amid a sell-off in software stocks. Agomab is focused on developing treatments for immune and inflammatory diseases, starting with chronic fibrotic conditions. J.P. Morgan, Morgan Stanley, Leerink Partners and Van Lanschot Kempen were underwriters for the offering. Belgium’s Agomab Therapeutics valued at $716 million as shares fall in Nasdaq debut 0 Latest comments Post Comment Guidelines Trade With A Regulated Broker Indices Commodities Bonds Stocks US 30 50,150.10 +28.7 +0.06% US 500 6,943.30 +1.9 +0.03% Dow Jones 50,121.40 -66.74 -0.13% S&P 500 6,941.45 -0.36 -0.01% Nasdaq 23,066.47 -36.01 -0.16% S&P 500 VI...