IPO Journey
Parabilis Medicines, Inc.
IPO Date: June 10, 2026 · 5 filings tracked
Final Offer Terms
Ticker
PBLS
Exchange
The Nasdaq Global Select Market
Offer Price
$20.00
Shares Offered
33,500,000
Estimated Proceeds
$670.0M
Underwriters
Led by Leerink Partners, BofA Securities
Evercore ISIGuggenheim SecuritiesLifeSci Capital
Filing Timeline
1
S-1
May 19, 2026
- Proprietary AI platform 'Helicon' targets previously 'undruggable' biological targets
- Strategic partnership and $75M equity investment from Regeneron Pharmaceuticals
2
S-1/A
May 27, 2026
- Strategic License and Collaboration Agreement with Regeneron Pharmaceuticals
- Proprietary platform for precision medicine in cancer and immune disorders
Changes from previous filing
- ▸ Ticker symbol removed
3
S-1/A
June 4, 2026
- Proprietary 'Helicon' technology platform targeting previously 'undruggable' proteins.
- Strategic partnership with Regeneron Pharmaceuticals, including $50M upfront and $75M investment.
Changes from previous filing
- ▸ Ticker symbol: PBLS
- ▸ Exchange: The Nasdaq Global Market
- ▸ Expected offer range: $17.0 – $19.0 per share
- ▸ Shares offered: 25,000,000
- ▸ Estimated proceeds: $425M
4
S-1/A
June 9, 2026
- Proprietary 'Helicon' platform targets previously 'undruggable' proteins
- Lead candidate zolucatetide addresses rare, aggressive desmoid tumors
Changes from previous filing
- ▸ Shares offered: 33,333,334
- ▸ Estimated proceeds: $566M
424B4
Final Pricing
June 10, 2026
- Backed by industry giant Regeneron Pharmaceuticals with a $75M private investment
- Led by CEO Dr. Mathai Mammen, who oversaw 19 successful drug approvals
Changes from previous filing
- ▸ Exchange: The Nasdaq Global Select Market
- ▸ Price range removed
- ▸ Final offer price: $20.0 per share
- ▸ Shares offered: 33,500,000
- ▸ Estimated proceeds: $670M
- ▸ Underwriters: Leerink Partners, BofA Securities, Evercore ISI, Guggenheim Securities, LifeSci Capital
Disclaimer: AI-generated analysis for informational purposes only. Not financial advice. Always conduct your own research.