Tech Company Inital Public Offerings
Intellia Therapeutics IPO
Intellia Therapeutics, operating out of Cambridge, debuted as a public company on 5/6/2016.
Transaction Overview
Company Name
Announced On
5/6/2016
Transaction Type
IPO
Amount
$108,000,000
Proceeds Purpose
We currently intend to use the net proceeds from this offering as follows: $25.0 million to advance the research and development of our product candidates for our sentinel indications through to the submission of at least one IND; $15.0 million to progress additional in vivo and ex vivo pipeline product candidates; $10.0 million to further develop our delivery technologies and CRISPR/Cas9 gene editing platform; and the remainder for working capital and other general corporate purposes.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
40 Erie St.
Cambridge, MA 02139
USA
Cambridge, MA 02139
USA
Phone
Website
Email Address
Not Recorded
Overview
Intellia (NASDAQ: NTLA) is a leading gene editing company, focused on the development of proprietary, potentially curative therapeutics using a recently developed biological tool known as the CRISPR/Cas9 system.
Management Team
Title
Name
Email & Social
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