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Week of Expected Pricing 4/9/2021
Company Name VECTIVBIO HOLDING AG
Proposed Ticker VECT
CUSIP H9060V101
Business Description A clinical stage biopharmaceutical company focused on the discovery, development and commercialization of innovative treatments for severe rare conditions for which there is a significant unmet medical need. We are led by an experienced management team with a strong track record in the biotechnology and pharmaceutical industry. Our goal is to become a leading, patient-centric, fully integrated global rare disease company. Our current product pipeline is focused on rare gastrointestinal, or GI, disorders, and we intend to in-license or acquire additional transformational, differentiated rare disease assets. Our product candidate, apraglutide, is a next generation, long-acting synthetic peptide analog of glucagon-like peptide-2, or GLP-2, which we are developing as a differentiated therapeutic for a range of rare GI diseases, with an initial focus on short bowel syndrome, or SBS.
Lead Underwriter BofA Securities, Inc, Credit Suisse Securities (USA) LLC, SVB Leerink LLC
Co-Managers LifeSci Capital, LLC
Initial Shares 75,00,000
Revised Initial Shares N/A
Initial Price $16.00-$18.00
Revised Price N/A
Final Price $17.00
Final Ticker VECT

 

 

   
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