Tech Company Inital Public Offerings
Morphic Holding IPO
Morphic Holding, based in Waltham, debuted as a public company on 6/26/2019.
Transaction Overview
Company Name
Announced On
6/26/2019
Transaction Type
IPO
Amount
$90,000,000
Proceeds Purpose
We currently intend to use the net proceeds we receive from this offering, as follows: approximately $30 million to $35 million to fund further development of our a4b7 program; approximately $15 million to $20 million to fund further development of our MInT Platform, to broaden our pipeline of product candidates; and any remaining amounts to fund working capital and general corporate purposes.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
35 Gatehouse Dr. A2
Waltham, MA 02451
USA
Waltham, MA 02451
USA
Phone
Website
Email Address
Overview
Morphic Holding (Nasdaq: MORF) is engaged in the discovery and development of small molecules to block transmembrane integrin receptors, which play a role in several diseases.
Management Team
Title
Name
Email & Social
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