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Vanda Pharmaceuticals nets $55.4mm from IPO

Executive Summary

Vanda Pharmaceuticals, a start-up biotech developing small-molecule psychiatric drugs, netted $55.4mm from its IPO of 5.96mm shares (including the overallotment) at $10 apiece. In December 2005 the company filed for a $75mm IPO, and later in March for a $92.5mm one.
Deal Industry
  • Pharmaceuticals
  • Pharmaceuticals
    • Specialty Pharmaceuticals
  • Biotechnology
    • Drug Discovery Tools
      • Genomics-Proteomics
Deal Status
  • Final
Deal Type
  • Financing
    • IPO

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