Satsuma Pharmaceuticals
General Information | |
Business: |
We are a clinical-stage biopharmaceutical company developing a novel therapeutic product for the acute treatment of migraine. Our product candidate, STS101, is a drug-device combination of a proprietary dry-powder formulation of dihydroergotamine mesylate, or DHE, which can be quickly and easily self-administered with a proprietary pre-filled, single-use, nasal delivery device. DHE products have long been recommended as a first-line therapeutic option for the acute treatment of migraine and have significant advantages over other therapeutics for many patients. However, broad use has been limited by invasive and burdensome administration and/or sub-optimal clinical performance of available injectable and liquid nasal spray products. STS101 is specifically designed to deliver the advantages of DHE while overcoming these shortcomings. |
Industry: | PHARMACEUTICAL PREPARATIONS |
Employees: | 11 |
Founded: | 2016 |
Contact Information | |
Address | 400 Oyster Point Boulevard, Suite 221, South San Francisco, CA 94080, US |
Phone Number | (650) 410-3200 |
Web Address | http://www.satsumarx.com |
View Prospectus: | Satsuma Pharmaceuticals |
Financial Information | |
Market Cap | $249.1mil |
Revenues | $0 mil (last 12 months) |
Net Income | $-13.0 mil (last 12 months) |
IPO Profile | |
Symbol | STSA |
Exchange | NASDAQ |
Shares (millions): | 5.5 |
Price range | $15.00 - $15.00 |
Est. $ Volume | $82.5 mil |
Manager / Joint Managers | Credit Suisse/ SVB Leerink/ Evercore |
CO-Managers | - |
Expected To Trade: | 9/13/2019 |
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 |