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Fundraisings and IPOs

Date: 2015-07-08

Type of information: IPO

Company: Biophytis (France)

Investors:

Amount: € 10 million

Funding type: IPO

Planned used:

Others:

* On July 8, 2015, Biophytis, a French geriatric medicine company advancing clinical stage drug-candidates to treat sarcopenic obesity and age related macular degeneration (AMD), has raised €10,035 million in its listing on Alternext Paris. The final IPO price was set at €6 per share (bottom of range). On the whole the number of new actions emitted is established to 1,672,500  (that is to say 75% amongst titles initially offered) allowing the realization of a capital growth from approximately 10 M€.  On the basis of a total of 5,442,135 actions to be admitted with the negotiations and a value of € 6 per action, the total market capitalization of Biophytis rises to approximately 32.7 M€.

Therapeutic area:

Is general: Yes