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Attovia adds to biotech IPO momentum with $289M offering
['Jonathan Gardner', 'Senior Reporter']
BioPharma Dive - Latest News
The startup sold 17 million shares at $17 apiece in an upsized initial public offering that secured 45% more than Attovia first anticipated and values the company at $767 million.
As a private company, Attovia raised about $256 million in venture funding.
ATTO-1310 targets IL-31, which Attovia calls the “itch cytokine.”
Attovia sees it as a possible treatment of inflammatory skin conditions like eczema or chronic spontaneous urticarias.
Overall, the sector has already surpassed the particularly low 11 IPO total recorded in 2025, data show.