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MeiraGTx nets $70.7mm through FOPO

Executive Summary

UK gene therapy start-up MeiraGTx Holdings PLC (specializes in viral vector design and optimization, manufacturing, and gene regulation technology) netted $70.7mm through the public sale of 3.2mm ordinary shares at $23.50. The company will use the proceeds to fund ongoing development of its pipeline--which has six candidates in the clinic as well as preclinical and research programs--and expand its manufacturing capabilities, with plans to add a second viral vector facility outside the UK and a GMP plasmid production facility.
Deal Industry
  • Biotechnology
    • Antisense, Oligonucleotides
    • Gene Therapy, Cell Therapy
    • Large Molecule
  • Pharmaceuticals
    • Drug Delivery
      • Macromolecule
Deal Status
  • Final
Deal Type
  • Financing
    • FOPO

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