Tech Company Inital Public Offerings
BridgeBio Pharma IPO
Operating out of Palo Alto, BridgeBio Pharma is now a public company.
Transaction Overview
Company Name
Announced On
6/26/2019
Transaction Type
IPO
Amount
$348,500,000
Proceeds Purpose
Per the firm's latest filing, it plans to use the net proceeds from the IPO as follows: approximately $190.0 million to $210.0 million to fund the continued development, pre-commercialization, and potential commercialization costs of our key value drivers, BBP-831, BBP-454 and BBP-631, including: with respect to BBP-831, the completion of our Phase 2 clinical trial and potential NDA submission as a treatment for CCA in the second-line or later setting, as well as the advancement of our planned clinical trials in achondroplasia, first-line CCA, adjuvant UC, and tumors with FGFR fusions; with respect to BBP-454, the anticipated nomination of a development candidate and initiation of IND-enabling studies; and with respect to BBP-631, the anticipated filing of an IND and initiation of a first-in-human clinical trial; approximately $45.0 million to $55.0 million to fund the continued development, pre-commercialization, and potential commercialization costs of our development programs that a
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
421 Kipling St.
Palo Alto, CA 94301
USA
Palo Alto, CA 94301
USA
Phone
Website
Email Address
Overview
BridgeBio Pharma (Nasdaq: BBIO) is a collection of individuals focused on discovering and developing drugs for patients with grievous genetic diseases.
Management Team
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