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[citation needed] Avalanche went public through an IPO in 2014, raising $102 million. [6] In 2015, co-founder Tom Chalberg stepped down as CEO following Phase IIa trial results that were labeled as "iffy". [7] In May 2016, Avalanche acquired Annapurna Therapeutics and changed its name to Adverum Biotechnologies. [8]
Although no clinical development took place, Axovant held its IPO in June 2015 and raised $315 million, [4] the largest biotech IPO ever, [9] based on new phase IIB trials that were more promising. [10] The lock-up period against reselling stock was reduced to an unusually short 90 days for hedge funds that showed interest in the IPO. [11]
A year into his term, Joe Biden entered the ranking in the second quartile, at nineteenth place out of 45. Among recent presidents, George H. W. Bush, Bill Clinton, and Barack Obama moved up in the rankings, while George W. Bush and Donald Trump moved down, though part of the downward shift was due to the addition of a new president to the poll.
The IPO raised $604.3 million and eclipsed the $373 million raised by Allogene Therapeutics in October, which is the largest biotech since Axovant Sciences' $363 million IPO in 2015.
The IPO market, particularly technology and fintech, has been rebuilding for a number of quarters, and we expect the market to open up more broadly next year across many core sectors, including ...
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The length of a full four-year term of office for a president of the United States usually amounts to 1,461 days (three common years of 365 days plus one leap year of 366 days). The listed number of days is calculated as the difference between dates , which counts the number of calendar days except the first day ( day zero ).
The presidency of William Henry Harrison, who died 31 days after taking office in 1841, was the shortest in American history. [9] Franklin D. Roosevelt served the longest, over twelve years, before dying early in his fourth term in 1945. He is the only U.S. president to have served more than two terms. [10]