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Avalanche Biotechnologies goes public, netting $109mm

Executive Summary

Ophthalmic drug developer Avalanche Biotechnologies Inc. netted $109.1mm in its initial public offering of 6.9mm common shares (including the overallotment) at $17 each. The firm had originally planned to sell 5.4mm shares between $13 and $15.
Deal Industry
  • Pharmaceuticals
  • Pharmaceuticals
    • Drug Delivery
      • Controlled Release
      • Macromolecule
  • Biotechnology
    • Gene Therapy, Cell Therapy
    • Large Molecule
Deal Status
  • Final
Deal Type
  • Financing
    • IPO

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