Tech Company Inital Public Offerings
Denali Therapeutics IPO
Denali Therapeutics, operating out of San Francisco, had an IPO event on 12/7/2017.
Transaction Overview
Company Name
Announced On
12/7/2017
Transaction Type
IPO
Amount
$250,200,000
Proceeds Purpose
We currently anticipate that we will use the net proceeds from this offering, together with our existing resources, through 2019 as follows: approximately $20 to $25 million to fund the costs of Phase 1 trials in healthy volunteers for each of DNL201 and DNL151 and a Phase 1b study in LRRK2 mutation-carrying Parkinson's disease patients, as well as preparation for a potential future Phase 2 clinical trial; approximately $30 to $35 million to fund the costs to advance our RIPK1 program through Phase 1 and early Phase 2 clinical development, substantially represented by the planned Phase 1 clinical trial in healthy volunteers, including a cohort in Alzheimer's disease patients, for DNL747 and a Phase 2a clinical trial in ALS patients and a Phase 2a clinical trial in Alzheimer's disease patients; approximately $45 to $50 million to optimize and broaden our ATV and ETV platform technologies and to advance our four core antibody and enzyme replacement programs through preclinical developmen
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
161 Oyster Point Blvd.
San Francisco, CA 94080
USA
San Francisco, CA 94080
USA
Phone
Undisclosed
Website
Email Address
Overview
Denali (NASDAQ: DNLI) was founded on the collaboration of leading scientists, industry experts and investors who share the vision that scientific discovery energetically applied to translational medicine is the key to delivering effective therapies to patients.
Management Team
Title
Name
Email & Social
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