Renaissance Capital logo

Applied Molecular Transport Priced, Nasdaq: AMTI

Phase 1 biotech developing novel oral therapies for inflammatory diseases.

Industry: Health Care

Latest Trade: $2.90 -0.01 (-0.3%)

First Day Return: +28.4%

Return from IPO: -79.2%

Industry: Health Care

We are a clinical-stage biopharmaceutical company leveraging our proprietary technology platform to design and develop a pipeline of novel oral biologic product candidates to treat autoimmune, inflammatory, metabolic, and other diseases. Our proprietary technology platform allows us to exploit existing natural cellular trafficking pathways to facilitate the active transport of therapeutic payloads across the intestinal epithelium (IE) barrier. Active transport is an efficient mechanism that uses the cell’s own machinery to transport materials across the IE barrier. We believe that our ability to exploit this mechanism is a key differentiator of our approach. We are developing oral biologic product candidates in patient-friendly tablet and capsule forms that are designed for either targeting local gastrointestinal (GI) tissue or entering systemic circulation to precisely address the relevant biology of a disease. We are building a portfolio of oral product candidates based on our technology platform including our lead product candidate, AMT-101, an oral GI-selective interleukin 10 (IL-10) that has completed a Phase 1b clinical trial in patients with ulcerative colitis (UC). We further plan to initiate Phase 2 clinical trials of AMT-101 in UC and related inflammatory indications. Our technology platform enables us to design and develop various oral biologic therapeutic modalities, such as peptides, proteins, full-length antibodies, antibody fragments, and RNA therapeutics, with potentially significant advantages over existing marketed and development-stage drugs.
more less
IPO News for Applied Molecular Transport
more
IPO Data
IPO File Date 05/18/2020
Offer Price $14.00
Price Range $12.00 - $14.00
Offer Shares (mm) 11.0
Deal Size ($mm) $154
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 06/04/2020
Offer Price $14.00
Price Range $12.00 - $14.00
Offer Shares (mm) 11.0
Deal Size ($mm) $154
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
more
Company Data
Headquarters South San Francisco, CA
Founded 2010
Employees 49
Website www.appliedmt.com