Septerna, a biotech company, has seen its shares jump 42% after a successful initial public offering (IPO). This surge in value highlights the ongoing demand for biotech investments. The company's IPO demonstrated strong investor interest, indicating that the sector remains hot.

Source: https://www.bloomberg.com/news/articles/2024-10-25/septerna-shares-jump-42-after-ipo-shows-biotech-still-hot