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Everfront Biotech Holding Filed, US Offering, Nasdaq: EFB

Developing implantable wafers and oral therapies for hard-to-treat diseases.

Industry: Health Care

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Industry: Health Care

We value sustainable development and are committed to providing more promising treatment solutions for patients. Our mission is to construct effective strategies for combating hard-to-treat diseases such as glioblastoma (GBM), pancreatic cancer (PC), and amyotrophic lateral sclerosis (ALS). We designed the implantable Cerebraca Wafer for in-situ drug delivery. After surgical resection, implantation of the wafer at the tumor margin is designed to create a localized high drug concentration, targeting residual and or unresectable tumor cells. Additionally, the wafer’s sustained release technology is designed to facilitate continuous drug release within the brain for one month. We also developed soft-gel capsules designed to be easily swallowed as maintenance therapy following Cerebraca Wafer implantation. Furthermore, we are exploring the feasibility of expanding our treatment approach to pancreatic cancer. By establishing and directing the four product pipelines, we believe we will be able to achieve our goal. As of the date of this prospectus, we are conducting three clinical trials in Taiwan based on investigational new drug (IND) approvals from both the United States Food and Drug Administration (the “FDA”) and the Taiwan Food and Drug Administration (the “TFDA”). Additionally, we expect to submit an IND for EF-031 in the second quarter of 2025.
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IPO Data
IPO File Date 01/03/2025
Offer Price
Price Range n/a
Offer Shares (mm) n/a
Deal Size ($mm) $10
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date
Offer Price
Price Range n/a
Offer Shares (mm) n/a
Deal Size ($mm) $10
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Roth Capital
The Benchmark Company
Company Data
Headquarters Taipei City, Taiwan
Founded 2010
Employees at IPO 14
Website www.efbiotech.com

Everfront Biotech Holding (EFB) Performance