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Eli Lilly-Backed Biotech TRex Raises $116.7 Million in US IPO

BloombergView source article

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TRexBio raises $116.7 million in IPO for autoimmune disease treatments

TRexBio Inc., an early-stage biotech company focused on autoimmune and inflammatory diseases, raised $116.7 million in a US initial public offering that priced at the bottom of its marketed range.

Oct 9, 2026·2 sourcesAutoimmune disease treatment
TRexBio raises $116.7 million in IPO for autoimmune disease treatments
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TRexBio prices $117M IPO for Tregs as Retension lands $45M Nasdaq debut for hypertension