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Azitra Priced, NYSE American: AZTR

Phase 1-ready dermatology biotech developing engineered bacterial therapies.

Industry: Health Care

Latest Trade: $0.42 0.00 (0.0%)

First Day Return: -1.2%

Return from IPO: -99.7%

Industry: Health Care

We are an early-stage clinical biopharmaceutical company focused on developing innovative therapies for precision dermatology using engineered proteins and live biotherapeutic products that can be applied topically to treat diseases of the skin. We have built a proprietary platform that includes a microbial library comprised of approximately 1,500 unique bacterial strains that can be screened for unique therapeutic characteristics. The platform is augmented by an artificial intelligence and machine learning technology that analyzes, predicts and helps screen our library of strains for drug like molecules. The platform also utilizes a licensed genetic engineering technology, which can enable the transformation of previously genetically intractable strains. Our initial focus is on the development of genetically engineered strains of Staphylococcus epidermidis, or S. epidermidis, which we consider to be an optimal therapeutic candidate species for engineering of dermatologic therapies. The particular species demonstrates a number of well-described properties in the skin. As of the date of this prospectus, we have identified among our microbial library over 60 distinct bacterial species that we believe are capable of being engineered to create living organisms or engineered proteins with significant therapeutic effect.
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IPO Data
IPO File Date 02/21/2023
Offer Price $5.00
Price Range $4.50 - $5.50
Offer Shares (mm) 1.5
Deal Size ($mm) $8
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 06/15/2023
Offer Price $5.00
Price Range $4.50 - $5.50
Offer Shares (mm) 1.5
Deal Size ($mm) $8
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
ThinkEquity
Company Data
Headquarters Branford, CT, United States
Founded 2014
Employees at IPO 10
Website www.azitrainc.com

Azitra (AZTR) Performance