Tech Company Inital Public Offerings
Ra Pharmaceuticals IPO
Headquartered in Cambridge, Ra Pharmaceuticals is now a public company.
Transaction Overview
Company Name
Announced On
10/26/2016
Transaction Type
IPO
Amount
$91,000,000
Proceeds Purpose
We currently intend to use the net proceeds from this offering, together with our existing cash and cash equivalents, as follows: approximately $33.0 million to fund clinical development of RA101495 through the completion of a Phase 2 clinical trial in PNH patients; approximately $11.0 million to fund a Phase 2 clinical trial in rMG patients and a Phase 1b clinical trial in LN patients; approximately $18.9 million to advance our pipeline programs in Factor D, oral C5 inhibition and C1s; and the remainder, if any, for working capital and other general corporate purposes.
Company Information
Company Status
Acquired or Merged
Industry
Biopharmaceutical
Mailing Address
87 Cambridge Park Dr.
Cambridge, MA 02140
USA
Cambridge, MA 02140
USA
Phone
Website
Email Address
Overview
Ra Pharmaceuticals is developing Cyclomimetics, a new drug class with the diversity and specificity of antibodies, coupled with the many benefits of small molecules. Ra Pharma's peptide-like molecules are highly-stable, synthetic products with chemical structures that offer intrinsic cell permeability.
Management Team
Title
Name
Email & Social
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