Increasing both the number of shares and share price, iTeos Therapeutics has raised more than $201m in an offering that provided an exit to 6 Dimensions Capital.

US-based immuno-oncology drug developer iTeos Therapeutics raised more than $201m in a listing on Friday that offered an exit to 6 Dimensions Capital, the investment firm co-founded by pharmaceutical company WuXi AppTec.

The company priced its shares at $19, above its previous target of $18, and upped the number of shares by approximately 350,000 to 10.58 million. It has listed on the Nasdaq Global Market using the ticker symbol ITOS.

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Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.