Market Highlights

• IQHQ’s 1.7-million-square-foot (msf) biotech hub development, Research and Development District (RaDD), is nearing completion with no tenants signed yet.
• San Diego-based DermTech, creator of a noninvasive sticker for detecting skin cancer, filed for bankruptcy protection to restructure its debt and initiate the sale of its assets.
• Avenzo Therapeutics raised $223.4 million to advance the company's emerging oncology pipeline and ongoing clinical treatment studies.

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