Tech Company Inital Public Offerings
Ventyx Biosciences IPO
Ventyx Biosciences, operating out of Encinitas, offered its shares in an initial public offering on 10/21/2021.
Transaction Overview
Company Name
Announced On
10/21/2021
Transaction Type
IPO
Amount
$151,500,000
Proceeds Purpose
We currently intend to use the net proceeds from this offering to fund the clinical development of VTX958; to fund the clinical development of VTX002; to fund the clinical development of VTX2735; to fund research activities and preclinical development of our other development programs; and for business development activities, working capital needs and other general corporate purposes. We may also use a portion of our net proceeds to acquire, license or invest in complementary products, technologies, or businesses.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
662 Encinitas Blvd. 250
Encinitas, CA 92024
USA
Encinitas, CA 92024
USA
Phone
Undisclosed
Website
Email Address
Overview
We are a biotechnology company with a diverse portfolio of best-in-class highly differentiated clinical and pre-clinical stage programs focused on high value targets. Ventyx now includes combined assets from three separate companies: Oppilan Pharma, targeting S1P1R, Zomagen Biosciences, targeting NLRP3 and the inflammasome, and Ventyx Biosciences, targeting TYK2.
Profile
Social Media
Company News
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Management Team
Title
Name
Email & Social
Chief Executive Officer
Raju Mohan
Chief Medical Officer
Dick Gregg
Chief Scientific Officer
John Nuss
Vice President
Kathy Ogilvie
VP - Bus. Development
Chris Krueger
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