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Biophytis Priced, Nasdaq: BPTS

French Phase 2 biotech developing therapies for COVID-related complications and age-related diseases.

Industry: Health Care

Latest Trade: $8.22 0.00 (0.0%)

First Day Return: -1.5%

Return from IPO: -99.9%

Industry: Health Care

We are a clinical-stage biotechnology company focused on the development of therapeutics that slow the degenerative processes associated with aging and improve functional outcomes for patients suffering from age-related diseases, including severe respiratory failure in patients suffering from COVID-19. Our goal is to become a leader in the emerging field of aging science by delivering life-changing therapies to the growing number of patients in need. To accomplish this goal, we have assembled an experienced and skilled group of industry professionals, scientists, clinicians and key opinion leaders from leading industry and academic institutions from around the world. Our lead drug candidate, Sarconeos (BIO101), is an orally administered small molecule in development for the treatment of neuromuscular diseases. Sarconeos (BIO101) is a plant-derived pharmaceutical-grade purified 20-hydroxyecdysone. We have completed preclinical studies, including chronic toxicology and safety pharmacology studies, and a Phase 1 clinical trial in healthy human volunteers, which are necessary for pursuing further clinical development of Sarconeos (BIO101). Our early data suggests that Sarconeos (BIO101) stimulates biological resilience and muscle metabolism in cellular models, and preserves strength, mobility and respiratory capacity in animal models of certain neuromuscular diseases. While we are still in the early stages of development, we believe that these results support further investigation and clinical development of Sarconeos (BIO101) in patients with certain neuromuscular and respiratory diseases.
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IPO Data
IPO File Date 01/19/2021
Offer Price $16.75
Price Range $15.00 - $18.00
Offer Shares (mm) 1.2
Deal Size ($mm) $20
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/09/2021
Offer Price $16.75
Price Range $15.00 - $18.00
Offer Shares (mm) 1.2
Deal Size ($mm) $20
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
H.C. Wainwright
Company Data
Headquarters Paris, France
Founded 2006
Employees 23
Website www.biophytis.com

Biophytis (BPTS) Performance