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Adlai Nortye Priced, Nasdaq: ANL

Phase 3 biotech developing immunotherapies for various cancers.

Industry: Health Care

Latest Trade: $11.26 0.00 (0.0%)

First Day Return: -34.8%

Return from IPO: -51.0%

Industry: Health Care

We are a global clinical-stage biotechnology company focused on the discovery and development of innovative cancer therapies for patients across the spectrum of tumor types. We have identified and developed a robust pipeline of six drug candidates. Currently, our pipeline includes three clinical-stage drug candidates, buparlisib (AN2025), palupiprant (AN0025), and AN4005, as well as three preclinical candidates. Our most advanced program is our lead product AN2025, a pan-phosphoinositide 3-kinase (“PI3K”) inhibitor that is designed to act against solid tumors. AN2025 is currently undergoing a Phase III, multi-regional, randomized, open-label clinical trial for the treatment of recurrent or metastatic head and neck squamous cell carcinomas (“HNSCC”) after anti-programmed death-1 (“PD-1”) or its ligand (“PD-L1”) treatment in more than 180 sites in 18 jurisdictions covering North America, Europe, Asia, and South America. We believe that AN2025, if approved, has the potential to be first-to-market, and is currently the only drug candidate in active Phase III clinical trial targeting recurrent or metastatic HNSCC patients after progression on prior anti-PD-1/PD-L1 therapy, potentially addressing a global unmet medical need.
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IPO Data
IPO File Date 07/27/2023
Offer Price $23.00
Price Range $23.00 - $23.00
Offer Shares (mm) 2.5
Deal Size ($mm) $58
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 09/29/2023
Offer Price $23.00
Price Range $23.00 - $23.00
Offer Shares (mm) 2.5
Deal Size ($mm) $58
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Cantor Fitzgerald
Company Data
Headquarters Grand Cayman, Cayman Islands
Founded 2004
Employees 129
Website www.adlainortye.com

Adlai Nortye (ANL) Performance