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TScan Therapeutics Priced, Nasdaq: TCRX

Preclinical biotech developing engineered T cell cancer therapies.

Industry: Health Care

Latest Trade: $7.03 +0.11 (+1.5%)

First Day Return: -30.0%

Return from IPO: -53.9%

Industry: Health Care

We are a preclinical-stage biopharmaceutical company focused on developing a robust pipeline of T cell receptor-engineered T cell, or TCR-T, therapies for the treatment of patients with cancer. Our approach is based on the central premise that we can learn from patients who are winning their fight against cancer in order to treat those who are not. Using one of our proprietary platform technologies, TargetScan, we analyze the T cells of cancer patients with exceptional responses to immunotherapy to discover how the immune system naturally recognizes and eliminates tumor cells in these patients. This allows us to precisely identify the targets of T cell receptors, or TCRs, that are driving these exceptional responses. We aim to use these anti-cancer TCRs to treat patients with cancer by genetically engineering their own T cells to recognize and eliminate their cancer. In addition to discovering TCR-T therapies against novel targets, we are using our ReceptorScan technology to further diversify our portfolio of therapeutic TCRs with TCR-T therapies against known targets. We believe this two-pronged approach will enable us to discover and develop a wide array of potential treatment options for patients with cancer.
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IPO Data
IPO File Date 04/23/2021
Offer Price $15.00
Price Range $15.00 - $17.00
Offer Shares (mm) 6.7
Deal Size ($mm) $100
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/15/2021
Offer Price $15.00
Price Range $15.00 - $17.00
Offer Shares (mm) 6.7
Deal Size ($mm) $100
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Morgan Stanley
Jefferies
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Company Data
Headquarters Waltham, MA, United States
Founded 2018
Employees 61
Website www.tscan.com

TScan Therapeutics (TCRX) Performance