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Agios nets $516mm through public offering

Executive Summary

Agios Pharmaceuticals Inc. (therapies for cancer and rare genetic diseases) netted $516mm through a public offering of 8.1mm common shares (including the overallotment) at $67. Proceeds will support the company's pipeline activities, including late-stage development, approval, and commercial launch of ivosidenib for acute myeloid leukemia and solid tumors, and planned trials with AG348 for PK deficiency and thalassemia.
Deal Industry
  • Pharmaceuticals
  • Pharmaceuticals
    • Vaccines
  • Biotechnology
    • Drug Discovery Tools
      • Genomics-Proteomics
Deal Status
  • Final
Deal Type
  • Financing
    • FOPO

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