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Aura Biosciences Priced, Nasdaq: AURA

Phase 2 biotech developing virus-like drug conjugates for ocular and urologic solid tumors.

Industry: Health Care

Latest Trade: $8.98 +0.23 (+2.6%)

First Day Return: +5.7%

Return from IPO: -37.5%

Industry: Health Care

We are a clinical-stage biotechnology company leveraging our novel targeted oncology platform to develop a potential new standard of care across multiple cancer indications, with an initial focus on ocular and urologic oncology. Our proprietary platform enables the targeting of a broad range of solid tumors using Virus-Like Particles, or VLPs, that can be conjugated with drugs or loaded with nucleic acids to create Virus-Like Drug Conjugates, or VDCs. AU-011, our first VDC candidate, is being developed for the first line treatment of primary choroidal melanoma, a rare disease with no drugs approved. We have completed a Phase 1b/2 trial using intravitreal administration that has demonstrated a statistically significant growth rate reduction in patients with prior active growth and high levels of tumor control with visual acuity preservation in a majority of patients, as assessed using clinical endpoints in alignment with feedback from the U.S. Food and Drug Administration, or the FDA. These data supported advancement into a Phase 2 dose escalation trial, where we are currently evaluating suprachoroidal, or SC, administration of AU-011. We plan to present six to twelve month safety and efficacy data from this trial in 2022, and, if favorable, initiate a pivotal trial in the second half of 2022.
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IPO Data
IPO File Date 10/08/2021
Offer Price $14.00
Price Range $14.00 - $16.00
Offer Shares (mm) 5.4
Deal Size ($mm) $76
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/28/2021
Offer Price $14.00
Price Range $14.00 - $16.00
Offer Shares (mm) 5.4
Deal Size ($mm) $76
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
TD Cowen
Leerink Partners
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Company Data
Headquarters Cambridge, MA, United States
Founded 2009
Employees at IPO 42
Website www.aurabiosciences.com

Aura Biosciences (AURA) Performance