Applied Therapeutics
General Information | |
Business: |
We are a clinical-stage biopharmaceutical company developing a pipeline of novel product candidates against validated molecular targets in indications of high unmet medical need. We focus on molecules and pathways whose role in the disease process is well known based on prior research, but have previously failed to yield successful products due to poor efficacy and tolerability. Our unique approach to drug development leverages recent technological advances to design improved drugs, employs early use of biomarkers to confirm biological activity and focuses on abbreviated regulatory pathways. Our first molecular target is aldose reductase, or AR, an enzyme that converts glucose to sorbitol under oxidative stress conditions, and is implicated in multiple diseases. |
Industry: | PHARMACEUTICAL PREPARATIONS |
Employees: | 9 |
Founded: | 2015 |
Contact Information | |
Address | 340 Madison Avenue, 19th Floor, New York, NY 10173, US |
Phone Number | (212) 220-9226 |
Web Address | http://www.appliedtherapeutics.com |
View Prospectus: | Applied Therapeutics |
Financial Information | |
Market Cap | $170.5mil |
Revenues | $0 mil (last 12 months) |
Net Income | $-16.5 mil (last 12 months) |
IPO Profile | |
Symbol | APLT |
Exchange | NASDAQ |
Shares (millions): | 4.0 |
Price range | $10.00 - $10.00 |
Est. $ Volume | $40.0 mil |
Manager / Joint Managers | Citigroup/ Cowen and Company/ UBS Investment Bank |
CO-Managers | Baird |
Expected To Trade: | 5/13/2019 |
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 |