Tech Company Inital Public Offerings
Amylyx Pharmaceuticals IPO
On 1/7/2022, Amylyx Pharmaceuticals went public.
Transaction Overview
Company Name
Announced On
1/7/2022
Transaction Type
IPO
Amount
$190,000,000
Proceeds Purpose
We intend to use the net proceeds from this offering, together with our existing cash, cash equivalents and investments, to fund: (i) the regulatory approval process and pre-commercial launch, production of and, if approved, commercial launch activities for AMX0035 for the treatment of ALS; (ii) the completion of our ongoing Phase 3 PHOENIX clinical trial for the treatment of amyotrophic lateral sclerosis, or ALS; (iii) the development and expansion of our pipeline to address other neurodegenerative indications, and for formulations and derivatives of AMX0035; and (iv) working capital and other general corporate activities, including the continued build out of our organization.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
43 Thorndike St.
Cambridge, MA 02141
USA
Cambridge, MA 02141
USA
Phone
Undisclosed
Website
Email Address
Overview
Amylyx is an IND-enabling stage biopharmaceutical company dedicated to providing innovative, disease-modifying solutions for neurodegenerative diseases. We have a highly creative and motivated team focused on streamlined clinical development and drug discovery.
Management Team
Title
Name
Email & Social
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