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Revolution Medicines Priced, Nasdaq: RVMD

Phase 1/2 oncology biotech developing RAS pathway inhibitors.

Industry: Health Care

First Day Return: +70.0%

Industry: Health Care

We are a clinical-stage precision oncology company focused on developing novel targeted therapies to inhibit elusive, high-value frontier targets within notorious growth and survival pathways, with particular emphasis on the RAS and mTOR signaling pathways. We define frontier targets as proteins that play an important role in cancer and for which there is either: no approved drug that directly inhibits it, or one or more approved drugs that directly inhibit it but through a mechanism of action that may not enable suppression of the full range of its biologic contributions to cancer. Our pipeline includes one product candidate that is in clinical development and all of our other programs are in the preclinical stage. We believe our deep, differentiated pipeline and development strategies provide us with the opportunity to pioneer novel treatment regimens to maximize the depth and durability of clinical benefit and circumvent adaptive resistance mechanisms for patients with cancers dependent on these critical pathways.
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IPO Data
IPO File Date 01/17/2020
Offer Price $17.00
Price Range $16.00 - $17.00
Offer Shares (mm) 14.0
Deal Size ($mm) $238
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/12/2020
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $238
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Redwood City, CA, United States
Founded 2015
Employees at IPO 90
Website www.revmed.com

Revolution Medicines (RVMD) Performance