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Week of Expected Pricing 4/16/2021
Company Name BIOMEA FUSION INC
Proposed Ticker BMEA
CUSIP 09077A106
Business Description A preclinical-stage biopharmaceutical company focused on the discovery, development and commercialization of irreversible small molecule drugs to treat patients with genetically defined cancers. An irreversible small molecule drug is a synthetic compound that forms a permanent bond to its target protein and offers a number of potential advantages over conventional reversible drugs, including greater target selectivity, lower drug exposure and the ability to drive a deeper, more durable response. Leveraging our extensive expertise in irreversible binding chemistry and development, we built our proprietary FUSION System discovery platform to advance a pipeline of novel irreversible small molecule product candidates. Our lead product candidate, BMF-219, is designed to be an orally bioavailable, potent and selective irreversible inhibitor of menin, an important transcriptional regulator known to play a direct role in oncogenic signaling in multiple cancers. In preclinical studies, administration of BMF-219 has resulted in robust anti-tumor responses across a range of liquid and solid tumor models and has been well-tolerated in animal studies.
Lead Underwriter J.P. Morgan Securities LLC, Jefferies LLC, Piper Sandler & Co
Co-Managers N/A
Initial Shares 75,00,000
Revised Initial Shares 90,00,000
Initial Price $15.00-$17.00
Revised Price N/A
Final Price $17.00
Final Ticker BMEA

 

 

   
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