TLDR
- BillionToOne IPO soars, pricing above range at $60 per share.
- $273M raised as diagnostics firm hits $2.6B market value.
- Nasdaq debut reflects strong biotech investor demand.
- Unity and Northstar tests drive BillionToOne’s growth.
- IPO fuels expansion of precision DNA diagnostics platform.
BillionToOne IPO launches at $60 per share, raising approximately $273.1 million in gross proceeds. The molecular diagnostics firm upsized the offering to 4,551,100 shares amid high market demand. Trading on Nasdaq begins today under the ticker symbol “BLLN.”
IPO Surpasses Price Range and Sets Market Value Over $2.6 Billion
BillionToOne IPO priced above its $49–$55 marketed range, reflecting strong interest in the healthcare diagnostics sector. The $60-per-share pricing gives BillionToOne a valuation near $2.64 billion. Additionally, underwriters hold a 30-day option to purchase 682,665 extra shares.
The offering includes top book-runners J.P. Morgan, Piper Sandler, Jefferies, and William Blair, supported by Stifel, Wells Fargo Securities, and BTIG. The company expects the offering to close on November 7, pending customary conditions. BillionToOne IPO proceeds exclude underwriting fees and offering expenses.
BillionToOne filed its registration under Form S-1, which became effective prior to the offering. The IPO was conducted using a standard prospectus made available through authorized channels. Distribution of the shares complies with state and federal securities regulations.
Strong Market Timing Amid Healthcare Sector Rebound
BillionToOne IPO follows a broader revival in U.S. IPO activity after recent slowdowns linked to trade policy volatility. Despite challenges like the government shutdown, issuers used automatic registration rules to meet listing deadlines. Market interest in new healthcare entrants contributed to favorable pricing outcomes.
Recent moves by other medical firms, including Medline’s IPO filing, signaled improving confidence in capital markets. This wave of filings likely influenced the timing and structure of the BillionToOne IPO. BillionToOne capitalized on this momentum to attract strong demand for its shares.
Healthcare continues to lead public offerings as diagnostics and biotech gain strategic relevance. The BillionToOne IPO underlines renewed appetite for innovation-driven listings. The company’s unique technology helped secure premium pricing in this active environment.
Diagnostic Technology Drives Strategic Growth Ambitions
BillionToOne specializes in high-precision molecular diagnostics. The company’s core innovation, the Quantitative Counting Templates (QCT) platform, delivers accurate DNA counts at the single-molecule level. BillionToOne IPO supports expansion of this unique testing technology.
The firm operates two main product lines: Unity for non-invasive prenatal testing and Northstar for oncology diagnostics. These products are built on BillionToOne’s proprietary sequencing platform. The technology enables blood-based testing with clinical-grade accuracy.
BillionToOne aims to broaden accessibility while maintaining advanced diagnostic quality. The raised funds will support research, commercial scale-up, and operational investments. BillionToOne IPO positions the company to accelerate its mission across global markets.


