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Longeveron Priced, Nasdaq: LGVN

Phase 2 biotech developing cellular therapies for aging-related conditions.

Industry: Health Care

Latest Trade: $1.75 0.00 (0.0%)

First Day Return: -25.9%

Return from IPO: -98.3%

Industry: Health Care

We are a clinical stage biotechnology company developing cellular therapies for specific aging-related and life-threatening conditions. Our lead investigational product is the LOMECEL-B™ cell-based therapy product (“Lomecel-B”), which is derived from culture-expanded medicinal signaling cells (MSCs) that are sourced from bone marrow of young healthy adult donors. We believe that by using the same cells that promote tissue repair, organ maintenance, and immune system function, we can develop safe and effective therapies for some of the most difficult disorders associated with the aging process and other medical disorders. We are currently sponsoring Phase 1 and 2 clinical trials in the following indications: Aging Frailty, Alzheimer’s disease, the Metabolic Syndrome, Acute Respiratory Distress Syndrome (ARDS), and hypoplastic left heart syndrome (HLHS). Our mission is to advance Lomecel-B and other cell-based product candidates into pivotal Phase 3 trials, with the goal of achieving regulatory approvals, subsequent commercialization and broad use by the healthcare community.
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IPO Data
IPO File Date 01/19/2021
Offer Price $10.00
Price Range $10.00 - $12.00
Offer Shares (mm) 2.7
Deal Size ($mm) $27
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/11/2021
Offer Price $10.00
Price Range $10.00 - $12.00
Offer Shares (mm) 2.7
Deal Size ($mm) $27
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
EF Hutton
Alexander Capital
Company Data
Headquarters Miami, FL, United States
Founded 2014
Employees 12
Website www.longeveron.com

Longeveron (LGVN) Performance