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FOPO nets $170.1mm for Synageva BioPharma

Executive Summary

Orphan disease-focused Synageva BioPharma Corp. netted $170.1mm through the follow-on public offering of 3.16mm common shares (including the overallotment) at $56.63 each. The company will use part of the proceeds to further develop its mucopolysaccharidosis IIIB candidate SBC103, which is expected to enter the clinic in the first half of 2014.
Deal Industry
  • Pharmaceuticals
  • Biotechnology
    • Large Molecule
      • Antibodies
Deal Status
  • Final
Deal Type
  • Financing
    • FOPO

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