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Century Therapeutics Priced, Nasdaq: IPSC

Preclinical biotech developing allogenic stem cell treatments for multiple cancers.

Industry: Health Care

Latest Trade: $2.96 0.00 (0.0%)

First Day Return: +14.2%

Return from IPO: -85.2%

Industry: Health Care

We are an innovative biotechnology company developing transformative allogeneic cell therapies to create products for the treatment of both solid tumor and hematological malignancies with significant unmet medical need. We have created a comprehensive allogeneic cell therapy platform that includes industry-leading induced pluripotent stem cells, or iPSCs, differentiation know-how to generate immune effector cells from iPSCs, or iPSC-derived cells, clustered regularly interspaced short palindromic repeats, or CRISPR, mediated precision gene editing that allows us to incorporate multiple transgenes and remove target genes intended to optimize cell product performance, sophisticated protein engineering capabilities to develop proprietary next generation chimeric antigen receptors, or CARs, our proprietary Allo-EvasionTM technology intended to prevent rejection of our cell products by the host immune system, and cutting edge manufacturing capabilities intended to minimize product development and supply risk. We believe that these vertically integrated capabilities will allow us to further expand our existing pipeline and develop therapeutics from iPSC-derived natural killer cells, or iNK cells, or iNK, and iPSC-derived T cells, or iT cells, or iT, that may provide enhanced clinical outcomes compared to available therapeutic options.
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IPO Data
IPO File Date 05/28/2021
Offer Price $20.00
Price Range $18.00 - $20.00
Offer Shares (mm) 10.6
Deal Size ($mm) $211
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 06/17/2021
Offer Price $20.00
Price Range $18.00 - $20.00
Offer Shares (mm) 10.6
Deal Size ($mm) $211
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
J.P. Morgan
BofA Securities
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Company Data
Headquarters Philadelphia, PA, United States
Founded 2018
Employees 97
Website www.centurytx.com

Century Therapeutics (IPSC) Performance