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Viela Bio shares close up big on firm’s first day of trading (access required)

Gaithersburg-based biotech firm Viela Bio made a splash in its stock market debut Thursday, closing 23% above its initial share price and allaying fears of a depressed IPO market. Viela sold 7.9 million common shares in its initial public offering as it sought to raise $150 million. The firm’s share price jumped as high as 27% ...

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