Tech Company Inital Public Offerings
Deciphera Pharmaceuticals IPO
Deciphera Pharmaceuticals, based in Waltham, debuted as a public company on 9/27/2017.
Transaction Overview
Company Name
Announced On
9/27/2017
Transaction Type
IPO
Amount
$127,500,000
Proceeds Purpose
We intend to use the net proceeds from this offering, together with our existing cash and cash equivalents, as follows: approximately $60 million to fund clinical trials for DCC-2618, including the dose escalation and expansion stages of our current Phase 1 clinical trial and additional clinical trials, including a pivotal clinical trial in fourth-line GIST, as well as clinical research outsourcing and manufacturing of clinical trial material; approximately $6 million to fund clinical trials for DCC-3014, including the dose escalation stage of our Phase 1 clinical trial, as well as clinical research outsourcing and manufacturing of clinical trial material; approximately $6 million to fund clinical trials for rebastinib, as well as clinical research outsourcing and manufacturing of clinical trial material; approximately $10 million to fund the new and ongoing research activities for future drug candidates using our proprietary kinase switch control inhibitor platform; and the remainder
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
200 Smith St.
Waltham, MA 02451
USA
Waltham, MA 02451
USA
Phone
Website
Email Address
Overview
Deciphera Pharmaceuticals (NASDAQ: DCPH) was established in 2003 as a drug discovery and development company with the mission to design, optimize and introduce best-in-class small molecule switch inhibitors of protein kinases for human clinical trials and the global pharmaceutical marketplace through the use of its proprietary drug discovery technology platform.
Management Team
Title
Name
Email & Social
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