Life Sciences Tools Company
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Merged with SomaLogic, operates combined proteomics platform
Alamar Biosciences raised $191 million in its initial public offering on April 17, 2026 — nearly double the $100 million it originally planned — after investor demand exceeded available shares by more than tenfold. The Fremont, California company develops technology that detects proteins in blood at concentrations so low that conventional tests miss them entirely, potentially catching diseases years earlier than current methods allow. The company reported $74 million in revenue for fiscal year 2025, giving public investors a baseline for tracking commercial growth against the IPO's lofty expectations.
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