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Aquinox Pharmaceuticals nets $43mm through its IPO

Executive Summary

Aquinox Pharmaceuticals Inc., focused on developing SHIP1 (SH2-containing inositol phosphatase) activators for cancer and inflammation as well as respiratory, GI, and neurological conditions, netted $43mm through its initial public offering. The company sold 4.2mm common shares at $11,the mid-point of its $10-12 range, up from the 3.7mm shares it had originally hoped to sell.

Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • IPO

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