Tech Company Inital Public Offerings

Cerecor IPO

Headquartered in Rockville, Cerecor is now a public company.

Transaction Overview

Company Name
Announced On
10/16/2015
Transaction Type
IPO
Amount
$26,000,000
Proceeds Purpose
The principal purposes of this offering are to obtain additional capital to support our operations, to create a public market for our common stock and to facilitate our future access to the public equity markets. As of June 30, 2015, we had cash and cash equivalents of $6.1 million. We plan to use the net proceeds from this offering, together with our existing cash and cash equivalents, as follows: approximately $9.0 million to fund the costs of our Phase 2 clinical development of CERC-301; approximately $7.0 million to fund the costs of our Phase 2 clinical development of CERC-501; approximately $1.5 million to fund research and development, and to advance our pipeline of preclinical lead candidates, under the COMTi platform, including the selection of additional candidates and preclinical research for CERC-406; and the remainder for working capital, general corporate purposes and potential in-licensing or other acquisitions.

Company Information

Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
540 Gaither Rd. 400
Rockville, MD 20850
USA
Email Address
Not Recorded
Overview
Cerecor Inc. is a clinical-stage biopharmaceutical company with the goal of becoming a leader in the development of innovative drugs that make a difference in the lives of patients with neurological and psychiatric disorders.
Profile
Cerecor LinkedIn Company Profile
Social Media
Cerecor Company Twitter Account
Company News
Cerecor News
Facebook
Cerecor on Facebook
YouTube
Cerecor on YouTube

Management Team

Title
Name
Email & Social
Chief Financial Officer
Joseph Miller
  Joseph Miller LinkedIn Profile  Joseph Miller Twitter Account  Joseph Miller News  Joseph Miller on Facebook
Chief Scientific Officer
Perry Calias
  Perry Calias LinkedIn Profile  Perry Calias Twitter Account  Perry Calias News  Perry Calias on Facebook
VP - Bus. Development
James Harrell
  James Harrell LinkedIn Profile  James Harrell Twitter Account  James Harrell News  James Harrell on Facebook


 

 

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