Cullinan Management (Cullinan Oncology)
General Information | |
Business: |
We are a biopharmaceutical company focused on developing a diversified pipeline of targeted oncology and immuno-oncology therapies with transformative potential for cancer patients. Our strategy is to build a pipeline of therapeutic candidates that are uncorrelated across multiple dimensions, with a focus on assets that we believe have novel technology, employ differentiated mechanisms, are in a more advanced stage of development than competing candidates, or have a combination of these attributes. In approximately three-and-a-half years, we have efficiently developed or in-licensed a pipeline of seven distinct programs by leveraging our hub-and-spoke business model. (Note: The IPO was upsized to 10 million shares, up from 8.33 million, and the price range was increased to $19 to $20, up from $17 to $19, in an S-1/A filing dated Jan. 6, 2021. The IPO is now expected to raise $195 million, if priced at the $19.50 mid-point of its newly increased range, compared with $149.94 million in estimated proceeds in its initial filing.) |
Industry: | BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) |
Employees: | 17 |
Founded: | 2016 |
Contact Information | |
Address | One Main Street, Suite 520, Cambridge, MA 02142, US |
Phone Number | (617) 410-4650 |
Web Address | http://www.cullinanoncology.com |
View Prospectus: | Cullinan Management (Cullinan Oncology) |
Financial Information | |
Market Cap | $680.94mil |
Revenues | $0 mil (last 12 months) |
Net Income | $-23.0 mil (last 12 months) |
IPO Profile | |
Symbol | CGEM |
Exchange | NASDAQ |
Shares (millions): | 11.9 |
Price range | $21.00 - $21.00 |
Est. $ Volume | $249.9 mil |
Manager / Joint Managers | Morgan Stanley/ SVB Leerink/ Evercore |
CO-Managers | H.C. Wainwright & Co. |
Expected To Trade: | 1/8/2021 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |