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Ampio nets $63.6mm via follow-on

Executive Summary

Two months after spinning off its sexual dysfunction business into Vyrix Pharmaceuticals Inc., Ampio Pharmaceuticals Inc. (creating drugs and devices aimed at inflammatory conditions for which there are limited treatment options) netted $63.6mm through the follow-on public sale of 9.8mm common shares (including the overallotment) at $7 each. The company will use some of the money to finish clinical trials and submit regulatory filings for its Ampion knee osteoarthritis treatment and Optina for diabetic macular edema.
Deal Industry
  • Biotechnology
  • Medical Devices
    • Diagnostic Imaging Equipment & Supplies
    • Monitoring Equipment & Devices
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • FOPO

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