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Israeli biotech Sol-Gel nets $80.2mm in Nasdaq IPO

Executive Summary

Five months after filing, dermatology-focused Israeli biotech Sol-Gel Technologies Ltd. (topical drug therapies) netted $80.2mm in a Nasdaq initial public offering of 7.2mm ordinary shares, including the overallotment, at $12. It had originally planned to offer 5mm shares at an $11-13 range.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
    • Drug Delivery
      • Controlled Release
      • Topical Delivery
    • Generic Drugs
Deal Status
  • Final
Deal Type
  • Financing
    • IPO

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