Finance
Swiss biopharma firm BioVersys plans IPO in first quarter
Published by Global Banking & Finance Review®
Posted on January 21, 2025
1 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on January 21, 2025
1 min readLast updated: January 27, 2026
BioVersys plans a first-quarter IPO on the Swiss exchange, aiming to raise 80 million Swiss francs to fund drug development.
ZURICH (Reuters) - Swiss biopharma company BioVersys said on Tuesday it plans to list on the Swiss stock exchange in the first quarter with an initial public offering that aims to raise around 80 million Swiss francs ($88 million).
The Basel-based company, whose existing shareholders include Britain's GSK, is focused on research and development of antibacterial products.
Proceeds from the IPO will be used to advance the firm's BV100 drug through phase 3 testing, with the goal of filing with major regulatory agencies at the end of 2027, and to help finance the firm from 2025 into 2028, BioVersys said.
Proceeds are also expected to support phase 2 development of BioVersys' alpibectir drug for treating tuberculosis.
The IPO is supported by GSK and other shareholders including the AMR Action Fund, BioVersys said in a statement.
($1 = 0.9082 Swiss francs)
(Reporting by Oliver Hirt; Writing by Dave Graham; Editing by Kirsti Knolle)
The IPO aims to raise around 80 million Swiss francs to advance the firm's BV100 drug through phase 3 testing and to support the development of the alpibectir drug for treating tuberculosis.
BioVersys' existing shareholders include Britain's GSK and the AMR Action Fund.
BioVersys aims to file with major regulatory agencies at the end of 2027.
The BV100 drug is currently in phase 3 testing, which is part of the funding goals from the upcoming IPO.
BioVersys is focused on the research and development of antibacterial products.
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