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Lyell Immunopharma Priced, Nasdaq: LYEL

Preclinical biotech developing T cell therapies for solid tumors.

Industry: Health Care

Latest Trade: $16.89 0.00 (0.0%)

First Day Return: -0.6%

Return from IPO: -0.6%

Industry: Health Care

We are a T cell reprogramming company dedicated to the mastery of T cells to cure patients with solid tumors. We have assembled a world-class team, comprising some of the foremost scientific leaders in the fields of oncology and adoptive cell therapy (ACT), including Drs. Rick Klausner, Nick Restifo, Stan Riddell and Crystal Mackall, who have each interrogated and elucidated the mechanisms of T cell biology and its interactions with cancer for decades. We believe the key to effective cell therapy is the mastery of the identity, fate and function of cells to create living medicines. We take a systematic, interrogative, cell biology-driven approach to overcome what we view as the two major barriers to successful ACT -- (1) T cell exhaustion and (2) lack of durable stemness -- through the application of our proprietary genetic and epigenetic reprogramming technologies, Gen-R and Epi-R. Our technologies are designed to be applied in a target and modality agnostic manner to chimeric antigen receptor (CAR), tumor-infiltrating lymphocytes (TIL) and T cell receptor (TCR) therapies to fundamentally improve the properties of T cells needed to eradicate solid tumors. We believe our autologous T cell therapies will generate improved, durable clinical outcomes that are potentially curative for patients with solid tumors. We are building a multi-modality product pipeline across several solid tumor indications with high unmet needs and anticipate having four investigational new drug application (IND) submissions by the end of 2022.
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IPO News for Lyell Immunopharma
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IPO Data
IPO File Date 05/25/2021
Offer Price $17.00
Price Range $16.00 - $18.00
Offer Shares (mm) 25.0
Deal Size ($mm) $425
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 06/16/2021
Offer Price $17.00
Price Range $16.00 - $18.00
Offer Shares (mm) 25.0
Deal Size ($mm) $425
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters South San Francisco, CA
Founded 2018
Employees 190
Website www.lyell.com