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Here’s what biotech CFOs learned by going public in a virtual world

INSIGHT ARTICLE  | 

Like any industry in 2020, the life sciences space has had to adapt to new parameters for remote work amid other pandemic-based constraints, even for critical lab research. The process of taking a company public has been no exception; crucial in-person interactions between investors and executives were forced to go virtual, which led to accelerated timelines for some IPOs.

This fall, in conjunction with CBI Informa Connect’s Finance & Accounting for Bioscience Companies virtual conference, RSM and Pharmaceutical Executive brought together a group of biotechnology CFOs who had recently navigated the IPO process with their organizations. CFOs from Adaptive Biotechnologies, ALX Oncology Holdings, Berkeley Lights, ORIC Pharmaceuticals and Zentalis Pharmaceuticals had a virtual conversation about going public in this COVID-19 environment (only Adaptive went public before the pandemic began).

Read this Pharmaceutical Executive article for insight into what these CFOs learned going through a virtual IPO, including considerations around key hiring decisions, roadshow planning and the process of getting vetted by an outside accounting firm.


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