Renaissance Capital logo

Ambrx Biopharma Priced, NYSE: AMAM

Phase 2/3 oncology biotech developing engineered antibody-drug conjugates.

Industry: Health Care

Latest Trade: $28.00 0.00 (0.0%)

First Day Return: -5.3%

Return from IPO: +55.6%

Industry: Health Care

We are a clinical-stage biologics company focused on discovering and developing a novel class of engineered precision biologics (EPBs) using our proprietary expanded genetic code technology platform that allows us to incorporate, in a site-specific manner, synthetic amino acids (SAAs) into proteins within living cells. We believe that our technology allows us to engineer a single optimized structure by designing the conjugation chemistries, selecting the precise number of amino acids and conjugation positions in the protein, and expanding the types of payloads that can be conjugated. Our precision engineering capabilities and the broad applicability of our expanded genetic code technology platform have the potential to enhance and enable the therapeutic functions of conventional biologics and bio-conjugates. Our SAA incorporation technology allows us to develop a wide array of product candidate modalities, such as antibody-drug conjugates (ADCs), bispecific antibodies, PEGylated peptides, modified cytokines and immuno-stimulating antibody conjugates (ISACs). Our most advanced internal product candidate is ARX788, an anti-HER2 ADC, currently being investigated in multiple clinical trials for the treatment of breast cancer, gastric/gastroesophageal junction (GEJ) cancer and other solid tumors, including an ongoing Phase 2/3 clinical trial for the treatment of HER2-positive metastatic breast cancer.
more less
IPO Data
IPO File Date 05/28/2021
Offer Price $18.00
Price Range $17.00 - $19.00
Offer Shares (mm) 7.0
Deal Size ($mm) $126
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 06/17/2021
Offer Price $18.00
Price Range $17.00 - $19.00
Offer Shares (mm) 7.0
Deal Size ($mm) $126
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Goldman Sachs
BofA Securities
more
Company Data
Headquarters La Jolla, CA, United States
Founded 2003
Employees 70
Website www.ambrx.com

Ambrx Biopharma (AMAM) Performance