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Aquestive Therapeutics Priced, Nasdaq: AQST

Drug manufacturer developing oral film formulations of CNS disease therapies.

Industry: Health Care

First Day Return: +7.0%

Industry: Health Care

We are a specialty pharmaceutical company focused on identifying, developing and commercializing differentiated products to address unmet medical needs. We have a late-stage proprietary product pipeline focused on the treatment of CNS diseases. Our most advanced proprietary product candidates, which we intend to commercialize ourselves, include (i) Libervant, a buccal soluble film formulation of diazepam for the treatment of recurrent epileptic seizures, for which we expect to submit an NDA in 2018; (ii) Sympazan, an oral soluble film formulation of clobazam for the treatment of seizures associated with LGS, for which we submitted an NDA in October 2017 and have been given an August 31, 2018 PDUFA date, and (iii) AQST-117, an oral soluble film formulation of riluzole for the treatment of ALS, for which we expect to submit an NDA in 2018. We have also developed a proprietary pipeline of complex molecule-based products: (i) AQST-108, a sublingual film formulation of epinephrine for the treatment of anaphylaxis, for which we expect to begin additional Phase 1 trials in 2018 and (ii) AQST-305, a buccal film formulation of octreotide for the treatment of acromegaly and neuroendocrine tumors, for which we expect to begin human proof of concept trials in 2018.
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IPO Data
IPO File Date 06/27/2018
Offer Price $15.00
Price Range $14.00 - $16.00
Offer Shares (mm) 4.5
Deal Size ($mm) $68
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/24/2018
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $68
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Warren, NJ, United States
Founded 2004
Employees at IPO 195
Website www.aquestive.com

Aquestive Therapeutics (AQST) Performance