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Axcella Health files for an $86 million IPO


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Axcella Health, which is developing therapeutics and dietary products for amino acid dysregulation, filed on Friday with the SEC to raise up to $86 million in an initial public offering.

The Cambridge, MA-based company was founded in 2008 and plans to list on the Nasdaq under the symbol AXLA. Axcella Health filed confidentially on January 28, 2019. Goldman Sachs, J.P. Morgan and SVB Leerink are the joint bookrunners on the deal. No pricing terms were disclosed.

The article Axcella Health files for an $86 million IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS) , or separately managed institutional accounts may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.





This article appears in: News Headlines , IPOs




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