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BioWorld - Monday, August 3, 2026
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Home » IPO window swings open for Apogee and Sagimet
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IPO window swings open for Apogee and Sagimet

July 14, 2023
By Karen Carey
Two biopharma companies entered the public markets on July 14, with Apogee Therapeutics Inc. pricing a $300 million IPO, the second largest U.S. debut this year, and Sagimet Biosciences Inc. raising $85 million. Apogee, of San Francisco, and Waltham, Mass., is advancing APG-777 and APG-808, which are in development for atopic dermatitis (AD) and chronic obstructive pulmonary disease, while San Mateo, Calif.-based Sagimet’s lead candidate is the FASN inhibitor denifanstat for nonalcoholic steatohepatitis.
BioWorld Financings Dermatologic Gastrointestinal Respiratory IPO

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