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Known for Crohn's: TiGenix files for a $58 million IPO

TiGenix, which is developing injectable stem cell therapies for the treatment of perianal fistulas, filed on Tuesday with the SEC to raise up to $58 million in an initial public offering.

The Leuven, Belgium-based company, which was founded in 2000 and booked $8 million in sales for the 12 months ended June 30, 2015, plans to list on the Nasdaq under the symbol TIG. Canaccord Genuity and Nomura Securities are the joint bookrunners on the deal. No pricing terms were disclosed.

The article Known for Crohn's: TiGenix files for a $58 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, the Renaissance IPO ETF (symbol: IPO) or the Global IPO Fund (symbol: IPOSX) , 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.


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

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