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Allogene Therapeutics Priced, Nasdaq: ALLO

Phase 1 biotech developing off-the-shelf CAR T cell cancer therapies.

Industry: Health Care

First Day Return: +38.9%

We are a clinical stage immuno-oncology company pioneering the development and commercialization of genetically engineered allogeneic T cell therapies for the treatment of cancer. We are developing a pipeline of off-the-shelf T cell product candidates that are designed to target and kill cancer cells. Our engineered T cells are allogeneic, meaning they are derived from healthy donors for intended use in any patient, rather than from an individual patient for that patient’s use, as in the case of autologous T cells. We believe this key difference will enable us to deliver readily available treatments faster, more reliably, at greater scale, and to more patients. In collaboration with Servier, we are developing UCART19, a CAR T cell product candidate targeting CD19 and is being studied in clinical trials in patients with R/R B-cell precursor ALL. We expect UCART19 to be advanced to potential registrational trials in the second half of 2019. We also plan to submit an IND in the first half of 2019 for our second allogeneic anti-CD19 CAR T cell product candidate, ALLO-501, for the treatment of NHL.
IPO Data
IPO Date 10/10/2018
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $324
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters South San Francisco, CA, United States
Founded 2017
Employees at IPO 78
Website www.allogene.com

Allogene Therapeutics (ALLO) Performance

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