Windward Bio files for US IPO

Swiss drug developer Windward Bio has filed for a US initial public offering on Nasdaq. The company develops antibody treatments for asthma and inflammatory skin conditions. It aims to list its shares under the symbol WWB.

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Windward Bio filed for a US IPO on Friday evening, joining a late-year surge of biotech listings. The Basel-based drug developer has secured $365 million from backers including Novo Holdings. The offering highlights renewed investor demand for clinical-stage respiratory treatments despite broader market volatility.

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