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Myovant nets $135mm through public offering

Executive Summary

Myovant Sciences Inc. (therapies for women's health and prostate cancer) netted $135mm through a public offering of 17.4mm common shares (including the overallotment) at $8.25. Funds will support ongoing Phase III trials with lead candidate relugolix (the LIBERTY trial for uterine fibroids and heavy menstrual bleeding, and the HERO study for advanced prostate cancer), and will also be used to fund potential regulatory filings for the project.

Deal Industry
  • Pharmaceuticals
  • Biotechnology
    • Antisense, Oligonucleotides
Deal Status
  • Final
Deal Type
  • Financing
    • FOPO

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