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BLUE - Fulcrum Therapeutics Proposes Terms For IPO
July, 11 2019 07:15 PM
bluebird bio Inc.
Quick Take Fulcrum Therapeutics (FULC ) has filed to raise gross proceeds of $76.5 million from a U.S. IPO, according to an S-1/A registration statement .
The firm is developing treatments for genetically-defined diseases with high unmet medical need and an initial focus on rare diseases.
FULC is still in early Phase 1 safety trials for its lead candidate, so I view the IPO as more suited to long-term hold institutional investors.
Company & Technology Cambridge, Massachusetts-based Fulcrum was founded in 2016 to develop treatments for genetically-defined diseases with high unmet medical need and
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Stock Information
Company Name:
bluebird bio Inc.
Stock Symbol:
BLUE
Market:
NASDAQ
Website:
bluebirdbio.com
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