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Arrowhead Pharmaceuticals nets $43.2mm through private placement

Executive Summary

Arrowhead Pharmaceuticals Inc. netted $43.2mm through the private sale of 7.6mm shares at $5.90 (market average). Buyers included OrbiMed, RA Capital Management, Perceptive Advisors, RTW Investments, and other institutional investors. The company is developing compounds that trigger RNA interference and induce knockdown of disease-causing genes.
Deal Industry
  • Pharmaceuticals
  • Pharmaceuticals
    • Drug Delivery
      • Macromolecule
      • Site Specific
  • Biotechnology
    • Antisense, Oligonucleotides
    • Large Molecule
    • Nanotechnology, Chips, etc.
Deal Status
  • Final
Deal Type
  • Financing
    • Private Investment in Public Equity
    • Private Placement

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