Renaissance Capital logo

Achilles Therapeutics Priced, Nasdaq: ACHL

Phase 1/2 biotech developing precision T cell therapies for solid tumors.

Industry: Health Care

Latest Trade: $0.78 0.00 (0.0%)

First Day Return: -8.1%

Return from IPO: -95.7%

Industry: Health Care

We are a clinical stage immuno-oncology biopharmaceutical company developing precision T cell therapies to treat multiple types of solid tumors. We are focused on advancing cancer therapies through our pioneering work in the field of tumor evolution and our belief that clonal neoantigens represent the most specific class of cancer cell targets. We are currently conducting two open-label Phase I/IIa trials to evaluate our cNeT product candidate, ATL001, in advanced NSCLC and metastatic or recurrent melanoma and expect to report interim data from these trials in the second half of 2022. We are also using our Material Acquisition Platform, or MAP, network, which consists of a network of participating medical facilities, to collect tissue samples from other tumor types, such as head and neck squamous cell carcinoma, or HNSCC, renal cell carcinoma, or RCC, triple negative breast cancer, or TNBC, and bladder cancer, to develop our PELEUS platform to identify clonal neoantigens in these tumor types. We expect to file investigational new drug applications, or INDs, for our earlier stage programs in the second half of 2021 and in the second half of 2023. We expect these INDs to be for our HNSCC and RCC programs, with HNSCC expected to be the lead program.
more less
IPO Data
IPO File Date 03/01/2021
Offer Price $18.00
Price Range $17.00 - $19.00
Offer Shares (mm) 9.8
Deal Size ($mm) $176
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/30/2021
Offer Price $18.00
Price Range $17.00 - $19.00
Offer Shares (mm) 9.8
Deal Size ($mm) $176
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
J.P. Morgan
BofA Securities
more
Company Data
Headquarters London, United Kingdom
Founded 2016
Employees 159
Website www.achillestx.com

Achilles Therapeutics (ACHL) Performance