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Vir Biotechnology Announces Pricing of Public Offering of Common Stock

Key Takeaway: Vir Biotechnology announced the pricing of its public offering of 15,000,000 shares at $10.00 each. The offering is expected to generate gross proceeds of $150 million. This capital will support the company's efforts in developing treatments for serious infectious diseases and cancer.

Market Sentiment Analysis

POSITIVE FACTORS

  • Vir Biotechnology raised $150 million from the offering.
  • The offering consists of 15,000,000 shares.
  • The price per share is set at $10.00.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+65%
120-day peak, hindsight
Typical move
9%
average across 8 past catalysts
Cash runway
~13 mo
Medium dilution risk
Lead asset
Tobevibart
Phase 3 · Viral Hepatitis

Full Press Release Details

SAN FRANCISCO--(BUSINESS WIRE)--Vir Biotechnology, Inc. (Nasdaq: VIR), a clinical-stage biopharmaceutical company focused on powering the immune system to transform lives by discovering and developing medicines for serious infectious diseases and cancer, today announced the pricing of its underwritten public offering of 15,000,000 shares of its common stock at a price to the public of $10.00 per share. The gross proceeds to Vir Biotechnology from the offering are expected to be $150 million, be

Frequently Asked Questions

What is the price of the shares in the offering?

The shares are priced at $10.00 each.

How many shares are being offered?

Vir Biotechnology is offering 15,000,000 shares.

What are the expected proceeds from the offering?

The gross proceeds are expected to be $150 million.

What is the focus of Vir Biotechnology?

The company focuses on treatments for infectious diseases and cancer.

Last updated: Nov 13, 2026