Tech Company Inital Public Offerings
PhaseBio Pharmaceuticals IPO
Headquartered in Malvern, PhaseBio Pharmaceuticals is now a public company.
Transaction Overview
Company Name
Announced On
10/17/2018
Transaction Type
IPO
Amount
$46,000,000
Proceeds Purpose
Proceeds will be used as follows: approximately $37.0 million to $39.0 million to advance PB2452; approximately $11.0 million to $13.0 million to advance PB1046; approximately $12.0 million to $14.0 million to fund development of our ELP technology and preclinical programs; and the remainder for working capital and other general corporate purposes.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
1 Great Valley Pkwy. 30
Malvern, PA 19355
USA
Malvern, PA 19355
USA
Phone
Website
Email Address
Not Recorded
Overview
PhaseBio Pharmaceuticals, Inc. (Nasdaq: PHAS), located in Malvern, PA, is a development stage, privately held protein engineering company focused on developing the next generation of biopharmaceuticals.
Management Team
Title
Name
Email & Social
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