When did Terns Pharma go public?

Written by Editorial Team | Last Updated: August 2026

Terns Pharmaceuticals, Inc. officially completed its initial public offering and began trading its common stock on the NASDAQ Global Market under the ticker symbol TERN on February 5, 2021. The clinical-stage biopharmaceutical enterprise priced its shares above initial projections, successfully raising tens of millions of dollars in net proceeds to advance its innovative therapeutic pipeline dedicated to treating oncology indications, non-alcoholic steatohepatitis, and obesity through clinical trials.

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Terns Pharmaceuticals, Inc.

Investing in pharmaceutical equities offers defensive characteristics, steady cash flows, and exposure to breakthrough medical innovations such as oncology treatments and metabolic disease therapies.

Terns Pharmaceuticals, trading under the ticker symbol TERN, is a clinical-stage biopharmaceutical enterprise focused on developing treatments for oncology and chronic disease conditions.

Terns Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical enterprise dedicated to discovering and developing an innovative portfolio of small-molecule product candidates targeting serious oncological diseases and metabolic conditions.

Tern PLC (AIM: TERN), an investment company specializing in the Internet of Things (IoT) technology sector, maintains a public market capitalization valuation fluctuating around 10.6 million British Pounds (roughly 1.

Merck & Co. is an entirely independent, publicly traded American multinational pharmaceutical corporation listed on the New York Stock Exchange and is not owned by Bayer.

Terns Pharmaceuticals, Inc.

Tern plc, traded on the London Stock Exchange under the ticker TERN, belongs to the Technology sector.

Merck entered into a definitive agreement to acquire Terns Pharmaceuticals in an all-cash transaction valued at approximately $6.7 billion.

Yes, Pacific Western Bank and Banc of California completed a transformational merger on December 1, 2023.

Terns Pharmaceuticals, Inc. was officially founded in 2016 by a team of seasoned biopharmaceutical executives and life science entrepreneurs.

Financial analysts covering Terns Pharmaceuticals, Inc. (NASDAQ: TERN) maintain consensus 12-month average price targets that underscore the high-growth, high-risk profile characteristic of clinical-stage biopharmaceutical enterprises.

Terumo Corporation operates with a massive global workforce of approximately thirty thousand five hundred ninety-one consolidated associates, functioning as a world-leading medical technology company.