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FOPO nets $112.8mm for Kythera Biopharmaceuticals

Executive Summary

In the company's first financing since completing its IPO last year, Kythera Biopharmaceuticals Inc. netted $112.8mm through the follow-on public offering of 2.6mm common shares at $45.75. The company will use the money to continue developing Phase III ATX101 as an injectable to reduce submental fat (commonly called “double chin”), and to file the NDA.

Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • FOPO

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