IsoPlexis raises $125M in IPO

By The Science Advisory Board staff writers

October 14, 2021 -- IsoPlexis completed an initial public offering (IPO) on October 12, closing with $125 million on the sale of approximately 8.3 million shares at $15 per share.

IsoPlexis develops single-cell proteomics systems that reveal unique biological activity in small subsets of cells. This technology allows researchers to connect more directly to in vivo biology and develop more precise and personalized therapies, the company said.

The company's common stock began trading on the Nasdaq Global Select Market on October 8 under the ticker symbol ISO. Shares were offered by IsoPlexis, while Morgan Stanley, Cowen, Evercore ISI, and SVB Leerink are acting as lead book-running managers for the offering.


Copyright © 2021 scienceboard.net
 


Email Address:

First Name:

Last Name:

Learn about ScienceBoard

Get the latest life sciences research and industry news, delivered straight to your inbox, for free.

Why subscribe?

ScienceBoard is uniquely focused on the business of research, addressing the biggest problems that the biomedical industry face. You’ll get breaking news, events coverage, and deep dives into the science that drives innovation, delivered to your inbox daily.

I have read and agree to the privacy policy and terms of service and wish to opt-in for ScienceBoard.net.