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Startups & Venture·July 27, 2026·1 min read

Shionogi-Backed Apnimed Seeks to Raise $160 Million in US IPO

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A $160M IPO for a late-stage sleep apnea drug developer is another data point that public markets will still fund focused, single-asset biotechs. Healthtech and AI-in-drug-discovery founders should read this as: capital is there if you can show a clean regulatory path and a tightly defined indication, not just a platform story.