Tech Company Inital Public Offerings
Axcella Health IPO
Axcella Health was acquired by . Shares were listed on 5/8/2019.
Transaction Overview
Company Name
Announced On
5/8/2019
Transaction Type
IPO
Amount
$72,000,000
Proceeds Purpose
Per the firm's most recent regulatory filing, it plans to use the net proceeds and existing cash on hand as follows: approximately $90.0 million to advance our current liver (AXA1665, AXA1125 and AXA1957) and other programs, including through additional Non-IND, IRB-Approved Clinical Studies, potential IND filing(S) and the ensuing Clinical Trials, including our planned IND filing and Clinical Trial for AXA1665, and infrastructure to support our pipeline; approximately $30.0 million to advance our AXA Development Platform discovery efforts, intellectual property and associated infrastructure; and the remainder, if any, for working capital and other general corporate purposes.
Company Information
Company Status
Publicly-held
Industry
Consumer
Mailing Address
840 Memorial Dr.
Cambridge, MA 02139
USA
Cambridge, MA 02139
USA
Phone
Website
Email Address
Not Recorded
Overview
Axcella Health (Nasdaq: AXLA) is a pioneer in developing transformative medicines for patients with diseases in which disrupted amino acid biology plays a central role.
Profile
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Management Team
Title
Name
Email & Social
Chief Executive Officer
Robert Connelly
Chief Financial Officer
Thomas Leggett
Chief Information Officer
David Berry
Chief Medical Officer
Manu Chakravarthy
VP - Bus. Development
Ivana Magovcevic-Liebisch
VP - R & D
Michael Hamill
VP - R & D
Tony Tramontin
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