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Propanc Biopharma Priced, Nasdaq: PPCB

Australian preclinical biotech developing proenzyme therapies for solid tumors.

Industry: Health Care

Latest Trade: $0.84 0.00 (0.0%)

First Day Return: -28.3%

Return from IPO: -79.0%

Industry: Health Care

We are a biopharmaceutical company developing a novel approach to prevent recurrence and metastasis from solid tumors by using pancreatic proenzymes that target and eradicate cancer stem cells in patients suffering from pancreatic, ovarian and colorectal cancers. Our novel proenzyme therapy is based on the science that enzymes stimulate biological reactions in the body, especially enzymes secreted by the pancreas. These pancreatic enzymes could represent the body’s primary defense against cancer. Our lead product candidate, PRP, is a variation upon our novel formulation and involves proenzymes, the inactive precursors of enzymes. As a result of positive early indications of the anti-cancer effects of our technology, we have conducted successful pre-clinical studies on PRP and also commenced preparation for a clinical study in advanced cancer patients. Subject to us receiving sufficient financing, we plan to begin our Investigational Medicinal Product Dossier, study proposal and Investigator’s Brochure. Our plan is to then commence our study preparation process with the contract research organization (“CRO”), analytical lab and trial site(s) selection and to begin our clinical trial application for PRP (“CTA”) compilation and complete the CTA compilation and submit the CTA We then plan to begin the preparation of logistics and trial site initiation visits.
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IPO Data
IPO File Date 10/29/2024
Offer Price $4.00
Price Range $4.00 - $6.00
Offer Shares (mm) 1.0
Deal Size ($mm) $4
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 08/14/2025
Offer Price $4.00
Price Range $4.00 - $6.00
Offer Shares (mm) 1.0
Deal Size ($mm) $4
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
D. Boral Capital
Craft Capital Management
Company Data
Headquarters Camberwell, Australia
Founded 2007
Employees at IPO 2
Website www.propanc.com

Propanc Biopharma (PPCB) Performance