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Flagship-backed Generate Biomedicines shares fall 6% in Nasdaq debut

ReutersFeb 27, 2026 5:53 PM

- Flagship-backed Generate Biomedicines' GENB.O shares fell 6.25% in its Nasdaq debut on Friday, giving the drug developer a valuation of $1.91 billion, as lingering market volatility kept investors cautious toward new listings.

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