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Sana Biotechnology files to go public, 2021 IPO: takeaways from S-1

Juno Therapeutics Sana Biotechnology is set to start trading on Thursday.  The secretive Seattle-based biotech had raised $705.5 million since it was founded in July 2018. We dug through its 271-page filing to unearth five key details on the Sana s financials, strategy, and future. After raising more than $700 million since its 2018 launch, one of the biotech industry s most valuable private companies is set to start trading on Thursday. Seattle-based Sana Biotechnology filed paperwork on January 14 for an initial public offering. Following a red-hot year for biotech IPOs in 2020, Sana is hoping to take advantage of investor enthusiasm to fuel its ambitious cell and gene therapy programs.

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