Thiel-backed psychedelic drugmaker valued at $3.2B in Nasdaq debut ...Middle East

Shares of Atai Life Sciences, backed by billionaire investor Peter Thiel, surged 40 percent in their U.S. stock market debut on Friday, giving the German psychedelics startup a market capitalization of $3.19 billion. The Berlin-based biotech startup, which is exploring the use of psychedelic treatments for mental illnesses, raised $225 million from selling 15 million shares in...

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Last updated : 18 June 2021 clock 10:00 PM

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Thiel-backed psychedelic drugmaker valued at $3.2B in Nasdaq debut ...Middle East

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