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Immuron Priced, Nasdaq: IMRN

Developing oral polyclonal antibody therapies for the treatment of NASH.

Industry: Health Care

First Day Return: n/a

Industry: Health Care

We are a clinical-stage biopharmaceutical company with a proprietary technology platform focused on the development and commercialization of a novel class of immunomodulator polyclonal antibodies that we believe can address significant unmet medical needs. Our oral polyclonal antibodies offer targeted delivery within the gastrointestinal track but do not cross into the bloodstream, potentially leading to much improved safety and tolerability, without sacrificing efficacy. We believe that our two lead immunomodulator product candidates, IMM-124E and IMM-529, have the potential to transform the existing treatment paradigms for NASH (Non Alcoholic Steatohepatitis) and for Clostridium difficile, respectively. We also market an OTC product, Travelan, that is the only product approved as a preventative to Traveler's Diarrhea. Travelan is also based on the same technology. The safety profile of our compounds, which has a Generally Regarded as Safe status, enables us to commercialize our platform-derived products through a range of regulatory pathways, including prescription, medical foods, over-the-counter medicines and dietary supplements.
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IPO Data
IPO File Date 12/21/2016
Offer Price $10.00
Price Range $10.00 - $12.50
Offer Shares (mm) 0.6
Deal Size ($mm) $6
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 06/08/2017
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $6
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Armadale, Australia
Founded 1994
Employees at IPO 8
Website www.immuron.com

Immuron (IMRN) Performance