Markets

Taking on OxyContin: Collegium Pharmaceutical files for a $86 million IPO

Many stacks of coins
Credit: Shutterstock photo

Collegium Pharmaceutical, which is developing an abuse-deterrent oral formulation of oxycodone for pain, filed on Thursday with the SEC to raise up to $86 million in an initial public offering.

Collegium's initial filing follows that of recent filer KemPharm ( KMPH ), which is developing an abuse-deterrent formulation of hydrocodone, an active ingredient in blockbuster drugs Norco and Vicodin.

The Canton, MA-based company, which was founded in 2002, plans to list on the NASDAQ under the symbol COLL. Collegium Pharmaceutical initially filed confidentially on March 3, 2015. Jefferies, Piper Jaffray, Wells Fargo Securities and Needham are the joint bookrunners on the deal. No pricing terms were disclosed.

The article Taking on OxyContin: Collegium Pharmaceutical files for a $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, 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.

In This Story

KMPH

Other Topics

IPOs

Latest Markets Videos

    Renaissance Capital

    Renaissance Capital is the global leader in providing pre-IPO institutional research and management of IPO-focused investment products.

    Learn More