Tech Company Inital Public Offerings
Adagio Therapeutics IPO
Headquartered in Waltham, Adagio Therapeutics is now a public company.
Transaction Overview
Company Name
Announced On
8/6/2021
Transaction Type
IPO
Amount
$309,400,000
Proceeds Purpose
The company will use the IPO proceeds to fund clinical development, manufacturing supply and initial commercialization costs for ADG20. Proceeds will also be used for working capital and other general corporate purposes, including development of additional programs in our pipeline.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
303 Wyman St. 300
Waltham, MA 02451
USA
Waltham, MA 02451
USA
Phone
Undisclosed
Website
Email Address
Overview
Adagio is developing best-in-class antibodies that can broadly neutralize SARS-CoV-2, SARS-CoV-1 and additional potentially emergent coronaviruses. We believe our antibodies will match or exceed the potency and coverage of conventional SARS-CoV-2 antibody programs, and can be used as both therapeutic and durable prophylactic treatments.
Management Team
Title
Name
Email & Social
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