Tech Company Inital Public Offerings
Armata Pharmaceuticals IPO
Operating out of Marina del Rey,, Armata Pharmaceuticals completed its IPO.
Transaction Overview
Company Name
Announced On
1/10/2023
Transaction Type
IPO
Amount
$30,000,000
Proceeds Purpose
Armata intends to use the net proceeds from this transaction to continue clinical development of AP-PA02 and AP-SA02. Additionally, these funds will finance the completion of an advanced biologics cGMP manufacturing facility with the technology and capacity to support production of complex multi-component phage therapeutics.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
4503 Glencoe Avenue
Marina del Rey,, CA 90292
USA
Marina del Rey,, CA 90292
USA
Phone
Website
Email Address
Overview
A Purposeful, Precise and Powerful Approach to Address the Global Antibiotic Resistance Crisis. Armata Pharmaceuticals is a clinical-stage biotechnology company focused on the development of precisely targeted bacteriophage therapeutics for the treatment of antibiotic-resistant and difficult-to-treat bacterial infections. Antibiotic overuse has led to the marked rise of multidrug-resistant bacteria, putting us on the verge of a post-antibiotic era in which common infections can be serious or life-threatening. Additionally, the use of broad-spectrum antibiotics is known for disrupting the ecology of the human microbiome, leading to disease.
Management Team
Title
Name
Email & Social
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