Latigo Biotherapeutics, a clinical-stage biopharmaceutical company, filed an S-1/A registration statement for an initial public offering of 16,000,000 shares of common stock, expected to price between $16.00 and $18.00 per share and list on Nasdaq under "LTGO". The company highlighted positive data for its lead non-opioid pain candidate, LTG-001, in a pivotal abdominoplasty trial, which met its primary endpoint with high statistical significance and showed superior analgesic effect and rapid onset compared to Vicodin. Proceeds from the IPO will fund the advancement of LTG-001 into Phase 3 trials and further development of its pipeline, despite reporting substantial net losses in recent years.