Tech Company Inital Public Offerings
CytomX Therapeutics IPO
CytomX Therapeutics was acquired by . Shares were listed on 10/8/2015.
Transaction Overview
Company Name
Announced On
10/8/2015
Transaction Type
IPO
Amount
$80,000,000
Proceeds Purpose
This offering is intended to provide funding through first-in-human studies of our two lead programs. In particular, we currently expect to use the net proceeds from this offering as follows: approximately $25.0 million to $35.0 million for the development of CX-072, including our planned Phase 1 clinical trials and product candidate manufacturing; approximately $15.0 million to $20.0 million for the development of our Probody therapeutic directed against CD-166, including our planned Phase 1 clinical trials and product candidate manufacturing; and approximately $25.0 million to $35.0 million for research and development activities, including discovery of additional cancer immunotherapies and first-in-class therapeutics directed against difficult-to-drug targets and continued development of our Probody technology platform. We expect to use the remainder of the net proceeds from this offering for working capital and other general corporate purposes, which may include funding for the hir
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
151 Oyster Point Blvd. 400
San Francisco, CA 94080
USA
San Francisco, CA 94080
USA
Phone
Website
Email Address
Overview
CytomX (NASDAQ: CTMX) is unlocking the potential of antibody therapeutics in oncology by developing a novel therapeutic antibody class of highly targeted Probody therapeutics.
Management Team
Title
Name
Email & Social
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