Strongbridge Biopharma Priced, Nasdaq: SBBP

Late-stage biotech developing therapies for rare endocrine disorders.

Industry: Health Care

Latest Trade: $6.30 -0.10 (-1.6%)

First Day Return: +0.5%

Return from IPO: -36.0%

Industry: Health Care

We are a biopharmaceutical company focused on the development, in-licensing, acquisition and eventual commercialization of multiple complementary products and product candidates within franchises that target rare diseases. Our primary focus has been to build our rare endocrine franchise, which includes COR-003 for the treatment of endogenous Cushing's syndrome, and COR-004 and COR-005 for the treatment of acromegaly. Endogenous Cushing's syndrome and acromegaly are two rare diseases with a high unmet need for innovative treatment options. Given the well-identified and concentrated prescriber base addressing our target markets, we believe we can use a small, focused sales force to effectively market our products, if approved, in the United States, the European Union and other key global markets. We believe that our ability to execute on this strategy is enhanced by the significant clinical development and commercial experience of key members of our management team. We also intend to identify and in-license or acquire products or product candidates that would be complementary to our existing rare endocrine franchise or that would form the basis for new rare disease franchises. We believe this approach will enable us to maximize our commercial potential by further leveraging our existing resources and expertise.
more less
IPO News for Strongbridge Biopharma
more
IPO Data
IPO File Date 08/28/2015
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 2.5
Deal Size ($mm) $25
IPO Data
IPO Date 10/15/2015
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 2.5
Deal Size ($mm) $25
Underwriters
more
Company Data
Headquarters Trevose, PA
Founded 1996
Employees 13
Website www.strongbridgebio.com