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Heart rate condition biotech Milestone Pharmaceuticals prices upsized IPO at $15 midpoint

May 8, 2019
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Milestone Pharmaceuticals, a Phase 3 biotech developing therapies for heart rate conditions, raised $83 million by offering 5.5 million shares at $15, selling an additional 500,000 shares at the midpoint of the range of $14 to $16. 

Milestone Pharmaceuticals plans to list on the Nasdaq under the symbol MIST. Jefferies, Cowen and Piper Jaffray acted as lead managers on the deal.