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scPharmaceuticals Priced, Nasdaq: SCPH

Commercializing an injectable version of an intravenous drug for heart failure.

Industry: Health Care

First Day Return: +0.7%

Industry: Health Care

We are a pharmaceutical company focused on developing and commercializing products that have the potential to transform the way therapy is delivered, advance patient care and reduce healthcare costs. Our proprietary platform is designed to enable the subcutaneous administration of therapies that have previously been limited to intravenous (IV) delivery. By moving delivery away from the high-cost healthcare settings typically required for IV administration, we believe our technology reduces overall healthcare costs and advances the quality and convenience of care. Our lead product candidate, Furoscix, consists of our patented subcutaneous formulation of furosemide delivered via our sc2Wear Infusor and is under development for treatment of worsening, or decompensated, heart failure outside of the inpatient setting. We filed a new drug application (NDA) for Furoscix with the U.S. FDA in August 2017. We believe Furoscix, if approved, would allow heart failure patients to receive IV-strength diuresis with earlier discharge from, or potentially without admission to, the high-cost hospital setting.
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IPO Data
IPO File Date 10/23/2017
Offer Price $14.00
Price Range $14.00 - $16.00
Offer Shares (mm) 6.4
Deal Size ($mm) $90
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/16/2017
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $90
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Burlington, MA, United States
Founded 2013
Employees at IPO 28
Website www.scpharmaceuticals.com

scPharmaceuticals (SCPH) Performance