AdAlta Goes Public to Develop Lung Fibrosis Therapy
AdAlta has issued an initial public offering (IPO) on the Australian Stock Exchange to raise AU $10 million (US $7.5 million), to fund clinical studies for AD-114, the company’s leading compound under development for idiopathic pulmonary fibrosis (IPF) and other fibrotic disease. An (IPO) is the first sale of stock by…