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Electra Therapeutics (Nasdaq: ETRA) began trading on 18 September 2026. HBM Healthcare Investments says it invested USD 15 million in the company’s Series C financing in 2025 and a further USD 15 million as part of the IPO.
HBM Healthcare Investments AG announced the successful initial public offering of its portfolio company Electra Therapeutics, which priced its upsized IPO at USD 15.00 per share, raising gross proceeds of approximately USD 350 million.