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NexImmune Priced, Nasdaq: NEXI

Phase 1/2 precision immuno-oncology biotech developing therapies that direct T cells.

Industry: Health Care

Latest Trade: $3.37 0.00 (0.0%)

First Day Return: +49.0%

Return from IPO: -80.2%

Industry: Health Care

We are a clinical-stage biotechnology company developing a novel approach to immunotherapy designed to employ the body’s own T cells to generate a specific, potent and durable immune response that mimics natural biology. Our mission is to create therapies with curative potential for patients with cancer and other life-threatening immune-mediated diseases. Currently, we have two product candidates in human trials: NEXI-001 in acute myeloid leukemia, or AML, and NEXI-002 in multiple myeloma, or MM. We are evaluating two product candidates in clinical trials, NEXI-001 in patients with AML and NEXI-002 in patients with MM. We are actively dosing patients in both Phase I/II trials and expect to complete enrollment for both trials in 2021, with initial data on most patients in both trials expected by the end of 2021. As Phase I/II trials, the trials consist of two parts. In the first part of the trials, the initial safety evaluation phase, we will assess the safety and tolerability of NEXI-001 or NEXI-002 T cells. In the second part of the trials, the expansion phase, we will further define safety and will also evaluate the initial efficacy of each product candidate at the dose and regimen established in the safety evaluation phase. We are currently in the safety evaluation phase of both trials. Based on analysis of initial data, we also anticipate filing with the FDA to request Breakthrough Therapy Designation and regenerative medicine advanced therapy designation for both our NEXI-001 and NEXI-002 product candidates.
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IPO Data
IPO File Date 01/19/2021
Offer Price $17.00
Price Range $15.00 - $17.00
Offer Shares (mm) 6.5
Deal Size ($mm) $110
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/11/2021
Offer Price $17.00
Price Range $15.00 - $17.00
Offer Shares (mm) 6.5
Deal Size ($mm) $110
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Barclays
Cantor Fitzgerald
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Company Data
Headquarters Gaithersburg, MD, United States
Founded 2011
Employees 44
Website www.neximmune.com

NexImmune (NEXI) Performance