IFR International - 21.07.2018

(Martin Jones) #1

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CUSHMAN & WAKEFIELD, which could raise
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smaller deals, though there are some large
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PRICEûSOON


ART OF THE BIOTECH DEAL

RUBIUS THERAPEUTICS ûAûREDûBLOODûCELLûSPECIALIST û
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0ROCEEDSûAREûENOUGHûTOûFUNDûALLûFOURûTRIALS

CRINETICS HIGHLIGHTS BIOTECH’S
BUSY WEEK

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JP Morgan, Leerink Partners and Piper Jaffray
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53

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53

Crinetics, which is focused on endocrine
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are small molecules that inhibit abnormal
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JP Morgan, Leerink Partners and BMO Capital
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INSIDERûSUPPORT

ECM DEALS: WEEK ENDING 20/7/2018
Stock Country Date Amount Price Deal type Bookrunner(s)
Establishment Labs Costa Rica 18/07/2018 US$66.9m US$18.00 IPO (primary) Jefferies, Cowen
Qilu Expressway China 16/07/2018 HK$1.25bn HK$2.50 IPO (primary) China Securities Intl, Zhongtai Intl, CCB Intl,
GF Securities, Guotai Junan Intl
E-House (China) Enterprise China 16/07/2018 HK$4.64bn HK$14.38 IPO (primary) CICC, Credit Suisse, HSBC
Prysmian Italy 19/07/2018 €500m €15.31 Rights issue Banca IMI, Goldman Sachs, Mediobanca
AC Immune Switzerland 18/07/2018 US$86.8m US$11.75 Rights issue/Accelerated bookbuild (Primary) Jefferies, Leerink Partners, UBS
Hays UK 19/07/2018 £77.6m 194p Accelerated bookbuild (Secondary) Barclays
AC Immune US 18/07/2018 US$91.2m US$11.75 Follow-on (primaray Jefferies, Leerink Partners, UBS
Allakos US 18/07/2018 US$129.6m US$18.00 IPO (primary) Goldman Sachs, Jefferies
Cara Therapeutics US 18/07/2018 US$85.5m US$19.00 Follow-on (primaray Jefferies, BAML, Piper Jaffray, Stifel
Carbonite US 18/07/2018 US$204.9m US$37.50 Follow-on (primary, secondary) Barclays, Jefferies, RBC Capital Markets
Constellation Pharmaceuticals US 18/07/2018 US$60.0m US$15.00 IPO (primary) JP Morgan, Jefferies, BMO Capital Markets
Crinetics Pharmaceuticals US 17/07/2018 US$102.0m US$17.00 IPO (primary) JP Morgan, Leerink Partners, Piper Jaffray
Evolus US 18/07/2018 US$80.0m US$20.00 Follow-on (primary, secondary) Cantor, Mizuho
NanoString Technologies US 17/07/2018 US$50.0m US$12.50 Follow-on (primary) JP Morgan, UBS
Redfin US 18/07/2018 US$75.6m US$18.00 Follow-on (primary) Goldman Sachs, BAML, RBC, ALLN
Replimune US 18/07/2018 US$100.5m US$15.00 IPO (primary) JP Morgan, Leerink Partners, BMO Capital Markets
Rubius Threrapeutics US 17/07/2018 US$241.1m US$23.00 IPO (primary) JP Morgan, MS, Jefferies, Leerink Partners
Tilray US 18/07/2018 US$153.0m US$17.00 IPO (primary) Cowen, Roth, Northland Capital

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