Week In Review: Zai Lab Completes $150 Million US IPO; Investors Push Valuation To $1.4 Billion
September 23, 2017 at 18:03 PM EDT
Zai Lab raised $150 million in its US IPO after the company increased the size of the offering to 8 million shares. Demand for the offering was strong, and Zai's stock opened 50% above the IPO price at $27 per share.