Tech Company Inital Public Offerings
Audentes Therapeutics IPO
Audentes Therapeutics, operating out of San Francisco, had an IPO event on 7/20/2016.
Transaction Overview
Company Name
Announced On
7/20/2016
Transaction Type
IPO
Amount
$75,000,000
Proceeds Purpose
We currently intend to use the net proceeds from this offering for the following purposes: approximately $18.0 to $20.0 million to advance AT132 for the treatment of XLMTM through preliminary results from a Phase 1/2 clinical trial expected in the fourth quarter of 2017; approximately $13.0 to $15.0 million to advance AT342 for the treatment of Crigler-Najjar through preliminary results from a Phase 1/2 clinical trial expected in the fourth quarter of 2017; approximately $3.0 to $5.0 million to advance preclinical development of AT982 for the treatment of Pompe disease through preliminary results from a Phase 1/2 clinical trial expected in the second half of 2017; approximately $3.0 to $5.0 million to advance preclinical development of AT307 for the treatment of CASQ2-CPVT through submission of an IND or CTA in 2017; approximately $7.0 to $10.0 million to operate and expand our internal manufacturing facility; and the remainder for working capital and other general corporate purposes,
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
600 California St. 17th Floor
San Francisco, CA 94108
USA
San Francisco, CA 94108
USA
Phone
Website
Email Address
Overview
Audentes Therapeutics (NASDAQ: BOLD) is a biotechnology company committed to the development and commercialization of innovative new gene therapy treatments for people with serious rare diseases. We are a focused, experienced and passionate team driven by the goal of improving the lives of patients.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 7/20/2016: Brandcast venture capital transaction
Next: 7/20/2016: Pixie Technology venture capital transaction
Share this article
News on VC Transactions
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs