Tech Company Inital Public Offerings
Mirum Pharmaceuticals IPO
Mirum Pharmaceuticals, based in Foster City, had an IPO event on 7/17/2019.
Transaction Overview
Company Name
Announced On
7/17/2019
Transaction Type
IPO
Amount
$75,000,000
Proceeds Purpose
Per the firm's latest filing, it plans to use the net proceeds from the IPO and cash on hand as follows: approximately $95.0 million to $105.0 million to further the clinical development of maralixibat, including our planned Phase 3 clinical trials in PFIC and ALGS and our anticipated clinical program in BA; approximately $30.0 million to $40.0 million to further the clinical development of volixibat, including our planned Phase 2 clinical trials in ICP and PSC; and the remainder for other ongoing research and development activities, and for general corporate purposes, including working capital, operating expenses and capital expenditures.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
950 Tower Ln. 1050
Foster City, CA 94404
USA
Foster City, CA 94404
USA
Phone
Website
Email Address
Overview
Mirum Pharmaceuticals Inc. (Nasdaq: MIRM) is a therapeutics company developing a novel approach for treating cholestatic liver diseases, with an immediate focus on rare pediatric conditions.
Management Team
Title
Name
Email & Social
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