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German Covid-19 vaccine developer CureVac to raise up to $213 mn in US IPO

German biotech CureVac B.V., which is in early stages of testing its coronavirus vaccine, said on Monday it expects to raise up to $213 million in its U.S. initial public offering (IPO).

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1 min read Last Updated : Aug 10 2020 | 5:30 PM IST

(Reuters) - German biotech CureVac B.V., which is in early stages of testing its coronavirus vaccine, said on Monday it expects to raise up to $213 million in its U.S. initial public offering (IPO).

CureVac said it expects its offering of 13.33 million shares to be priced between $14.00 and $16.00 per share.

(Reporting by Noor Zainab Hussain in Bengaluru; Editing by Saumyadeb Chakrabarty)

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