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0.013457142857143 0.013457142857143 0.013457142857143 -0.00448979591836732 -0.00408163265306114 0.00408163265306128 0.0439469387755103 0
Stock impact report

Zentalis IPO: A Strong Biotech IPO In The Current Market [Seeking Alpha]

Zentalis Pharmaceuticals, Inc. - common stock (ZNTL) 
Company Research Source: Seeking Alpha
SummaryBiotech pharmaceutical company Zentalis Pharmaceuticals has launched a successful IPO that values the company at over $730 million.Zentalis has developed four treatments to handle different kind of cancers, and has multiple partners including Pfizer.The market for cancer research will continue to grow rapidly as the global population ages, though there Zentalis faces complications from the coronavirus epidemic.Zentalis is in a strong financial position, with enough cash on hand to stay operational until 2022.Biotech IPOs are especially risky under the current economic circumstances, but Zentalis may be good enough to take a chance on.The coronavirus may have gripped the world’s attention, but other medical maladies still exist, and medical researchers are working on those as well as the coronavirus. Zentalis Pharmaceuticals (NASDAQ:ZNTLRenaissance CapitalZentalis is the second U.S. IPO to launch since the coronavirus pandemic has truly begun, following WiMi Hologram (NASDAQ:WIM Show less Read more
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