Strongbridge Biopharma plc Announces Termination of Public Offering of Ordinary Shares
Strongbridge Biopharma plc - Ordinary Shares (SBBP)
Last strongbridge biopharma plc - ordinary shares earnings: 2/25 07:30 am
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US:NASDAQ Investor Relations:
investors.strongbridgebio.com/investor-overview
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Source: GlobeNewswire
DUBLIN, Ireland and TREVOSE, Pa., Aug. 15, 2018 (GLOBE NEWSWIRE) -- Strongbridge Biopharma plc (NASDAQ:SBBP) (the “Company”) today announced that it has terminated the public offering of ordinary shares previously announced on August 14, 2018. The termination results from an assessment by the Company’s management that current market conditions are not conducive for an offering on terms that would be in the best interests of the Company’s shareholders. About Strongbridge Biopharma plc Strongbridge Biopharma is a global commercial-stage biopharmaceutical company focused on the development and commercialization of therapies for rare diseases with significant unmet needs. Strongbridge's rare endocrine franchise includes MACRILEN™ (macimorelin), the first and only FDA-approved oral drug indicated for the diagnosis of adult growth hormone deficiency, RECORLEV™ (levoketoconazole), a cortisol synthesis inhibitor currently being studied in Phase 3 clinical studies for the treatment of en
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