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Artiva Biotherapeutics Priced, Nasdaq: ARTV

Phase 1 biotech developing off-the-shelf Natural Killer therapies for autoimmunity.

Industry: Health Care

Latest Trade: $10.88 -0.09 (-0.8%)

First Day Return: 0.0%

Return from IPO: -8.7%

Industry: Health Care

We are a clinical-stage biotechnology company focused on developing natural killer (NK) cell-based therapies for patients suffering from devastating autoimmune diseases and cancers. Our product candidates are derived from donor cells (allogeneic) rather than a patient’s own cells (autologous) and are pre-manufactured, stored frozen and ready to ship to a patient’s treatment location, making them what we believe to be “off-the-shelf.” Our lead product candidate, AlloNK, is a non-genetically modified, cryopreserved NK cell therapy being evaluated in combination with B-cell targeted monoclonal antibodies (mAbs) in an ongoing Phase 1/1b trial in class III or IV lupus nephritis (LN) and a basket investigator-initiated trial (IIT) in multiple autoimmune indications. Seminal peer-reviewed clinical studies using autologous CD19 chimeric antigen receptor (CAR) T-cell therapy (auto-CAR-T) for the treatment of autoimmune diseases have demonstrated that deep B-cell depletion in the periphery and in the lymphoid tissue can lead to drug-free disease remission. We have already demonstrated that AlloNK in combination with rituximab was able to drive deep B-cell depletion in the periphery and observed complete responses in heavily pre-treated patients naïve to auto-CAR-T in our ongoing Phase 1/2 clinical trial in patients with relapsed or refractory B-cell non-Hodgkin lymphoma (B-NHL).
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IPO Data
IPO File Date 06/28/2024
Offer Price $12.00
Price Range $14.00 - $16.00
Offer Shares (mm) 13.9
Deal Size ($mm) $167
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/18/2024
Offer Price $12.00
Price Range $14.00 - $16.00
Offer Shares (mm) 13.9
Deal Size ($mm) $167
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Jefferies
TD Cowen
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Company Data
Headquarters San Diego, CA, United States
Founded 2019
Employees at IPO 81
Website www.artivabio.com

Artiva Biotherapeutics (ARTV) Performance