Renaissance Capital logo

PhaseBio Pharmaceuticals Priced, Nasdaq: PHAS

Phase 2 biotech developing therapies for rare cardiopulmonary diseases.

Industry: Health Care

First Day Return: 0.0%

Industry: Health Care

We are a clinical-stage biopharmaceutical company focused on the development and commercialization of novel therapies to treat orphan diseases, with an initial focus on cardiopulmonary indications. Our lead product candidate, PB2452, is a novel reversal agent for the antiplatelet drug ticagrelor, which we are developing for the treatment of patients experiencing major bleeding or those who require urgent surgery. We recently completed a Phase 1 clinical trial of PB2452 in healthy subjects. Our second product candidate, PB1046, is a once-weekly fusion protein currently in a Phase 2b clinical trial for the treatment of pulmonary arterial hypertension, or PAH. PB1046 utilizes our proprietary half-life extending elastin-like polypeptide, or ELP, technology, which also serves as the engine for our preclinical pipeline.
more less
IPO Data
IPO File Date 09/21/2018
Offer Price $5.00
Price Range $12.00 - $14.00
Offer Shares (mm) 9.2
Deal Size ($mm) $46
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/17/2018
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $46
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Malvern, PA, United States
Founded 2002
Employees at IPO 18
Website www.phasebio.com

PhaseBio Pharmaceuticals (PHAS) Performance