Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Hair Loss Biopharma Firm Veradermics Raises $256 Million in IPO [Yahoo! Finance Canada]

Eli Lilly and Company (LLY) 
Last eli lilly and company earnings: 4/23 06:25 am Check Earnings Report
US:NYSE Investor Relations: investor.lilly.com
Wellington Management had indicated interest in purchasing as much as $30 million in shares at the IPO price, according to the filings. Eli Lilly & Co. also indicated it would take as much as 4.9% of the biotech's outstanding shares. The listing kicks off a busy week of IPOs on US exchanges, with eight companies including Veradermics expected to price and trade offerings raising at least $100 million. That's the highest number of IPOs in a week since November 2021, data compiled by Bloomberg show. Founded in 2019, the late clinical-stage biopharmaceutical firm is developing its lead therapy to treat mild-to-moderate pattern hair loss, according to its filing. Veradermics' experimental non-hormonal hair loss treatment is in late stage trials. Veradermics reported a net loss of $48.1 million for the nine months ended Sept. 30, compared with a net loss of $20.8 million a year earlier, the filings show. The offering is being led by Jefferies Financial Group Inc., Leerink Partners Show less Read more
Impact Snapshot
Event Time:
LLY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for LLY alerts
Opt-in for
LLY alerts

from News Quantified
Opt-in for
LLY alerts

from News Quantified