CytomX Therapeutics Priced, Nasdaq: CTMX

Preclinical biotech developing tumor-activated cancer immunotherapies.

Industry: Health Care

Latest Trade: $17.00 0.00 (0.0%)

First Day Return: +7.5%

Return from IPO: +41.7%

Industry: Health Care

We are an oncology-focused biopharmaceutical company pioneering a novel class of antibody therapeutics based on our Probody technology platform. We are using our platform to create proprietary cancer immunotherapies against clinically-validated targets as well as to develop first-in-class cancer therapeutics against novel targets. We believe that our Probody platform will allow us to improve the combined efficacy and safety profile, or therapeutic window, of monoclonal antibody modalities including cancer immunotherapies, antibody drug conjugates and T-cell-recruiting bispecific antibodies. Our Probody therapeutics are designed to take advantage of unique conditions in the tumor microenvironment to enhance the tumor-targeting features of an antibody and reduce drug activity in healthy tissues. We are currently developing Probody therapeutics that address clinically-validated cancer targets in immuno-oncology, such as PD-L1, as well as novel targets, such as CD-166, that are difficult to drug and lead to concerns about damage to healthy tissues, or toxicities. In addition to our proprietary programs, we are collaborating with strategic partners including Bristol-Myers Squibb, Pfizer and ImmunoGen to develop selected Probody therapeutics. Our broad technology platform and lead product candidates are supported by a decade of thorough scientific research and strong intellectual property, and we are advancing these candidates toward clinical trials. Our vision is to transform lives with safer, more effective therapies. To realize this vision we are executing on our mission of changing the treatment of cancer by urgently advancing our Probody pipeline.
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IPO News for CytomX Therapeutics
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IPO Data
IPO File Date 08/28/2015
Offer Price $12.00
Price Range $14.00 - $16.00
Offer Shares (mm) 6.7
Deal Size ($mm) $80
IPO Data
IPO Date 10/07/2015
Offer Price $12.00
Price Range $14.00 - $16.00
Offer Shares (mm) 6.7
Deal Size ($mm) $80
Underwriters
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Company Data
Headquarters South San Francisco, CA
Founded 2008
Employees 61
Website www.cytomx.com