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Sutro Biopharma's IPO nets $79mm

Executive Summary

Cancer and autoimmune disease drug developer Sutro Biopharma Inc. netted $79mm through its initial public offering of 5.67mm common shares at $15. The company originally intended to sell 5mm shares at a range of $14-16.
Deal Industry
  • Pharmaceuticals
  • Pharmaceuticals
    • Vaccines
  • Biotechnology
    • Synthesis Technologies, Production Processes
    • Large Molecule
      • Antibodies
Deal Status
  • Final
Deal Type
  • Financing
    • IPO

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