Angion Biomedica
General Information | |
Business: | We are a late-stage biopharmaceutical company focused on the discovery, development and commercialization of novel small molecule therapeutics to address acute organ injuries and fibrotic diseases. Our goal is to transform the treatment paradigm for patients suffering from these potentially life-threatening conditions for which there are no approved medicines or where existing approved medicines have limitations. Our lead product candidate, ANG-3777, is a hepatocyte growth factor (HGF) mimetic that we are currently evaluating in multiple acute organ injuries and related indications, including acute kidney injury (AKI) and injuries to other major organs, such as the lungs, central nervous system (CNS) and heart. Within AKI, we are currently evaluating ANG-3777’s ability to improve kidney function and reduce the severity of transplant-associated AKI, also known as delayed graft function (DGF), in patients at risk for kidney dysfunction, as well as for the treatment of AKI associated with cardiac surgery involving cardiopulmonary bypass (CSA-AKI). We are also evaluating ANG-3777 for indications within acute lung injury (ALI), with our primary focus on acute respiratory distress syndrome (ARDS), as well as acute CNS injuries. We are advancing multiple programs for the treatment of fibrotic diseases, leading with ANG-3070, a tyrosine kinase inhibitor (TKI), and our inhibitor of rho kinase 2 (ROCK2). We also continue to develop other preclinical product candidates, including our CYP11B2 (aldosterone synthase) inhibitors, which we are investigating for the purpose of targeting aldosterone-related fibrotic diseases. |
Industry: | Pharmaceuticals |
Employees: | 53 |
Founded: | 1998 |
Contact Information | |
Address | 51 Charles Lindbergh Boulevard Uniondale, New York 11553 |
Phone Number | (415) 655-4899 |
Web Address | |
View Prospectus: | Angion Biomedica |
Financial Information | |
Market Cap | $431.7mil |
Revenues | $3.12 mil (last 12 months) |
Net Income | $-67.25 mil (last 12 months) |
IPO Profile | |
Symbol | ANGN |
Exchange | NASDAQ |
Shares (millions): | 5.0 |
Price range | $16.00 - $16.00 |
Est. $ Volume | $80.0 mil |
Manager / Joint Managers | Cowen and Company/ Stifel |
CO-Managers | H.C. Wainwright & Co./ Oppenheimer & Co. |
Expected To Trade: | 2/5/2021 |
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 |