Tech Company Inital Public Offerings
Biohaven Pharmaceuticals IPO
Headquartered in New Haven, Biohaven Pharmaceuticals is now a public company.
Transaction Overview
Company Name
Announced On
5/4/2017
Transaction Type
IPO
Amount
$168,300,000
Proceeds Purpose
We currently estimate that we will use the net proceeds from this offering, together with our existing cash, as follows: approximately $73.1 million to fund continued research and development of rimegepant, including initiating and completing our two planned Phase 3 clinical trials for the acute treatment of migraine, and initiating our planned long-term safety study of rimegepant; approximately $24.2 million to fund continued research and development of BHV-3500 for the prevention of chronic and episodic migraine; approximately $9.6 million to complete our ongoing Phase 2/3 clinical trial of trigriluzole for the treatment of SCA; approximately $10.3 million to fund continued research and development of BHV-5000 for the treatment of breathing irregularities associated with Rett syndrome, including completion of our planned Phase 1 clinical trial for this indication; approximately $5.6 million to repay aggregate indebtedness under our credit agreement with Wells Fargo Bank, National Ass
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
215 Church St.
New Haven, CT 06510
USA
New Haven, CT 06510
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Biohaven Pharmaceuticals (NYSE: BHVN) is a clinical-stage biopharmaceutical company with a portfolio of innovative, late-stage product candidates targeting neurological diseases, including rare disorders.
Management Team
Title
Name
Email & Social
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