VC-backed Menlo Therapeutics goes public

Menlo Park, California-based Menlo Therapeutics Inc, a pharmaceutical company focused on treating chronic pruritus and chronic cough, has raised $119 million for its IPO after pricing its 7 million shares at $17 per share. The stock began trading January 25, 2018 on the NASDAQ under the ticker symbol "MNLO." Jefferies LLC, Piper Jaffray & Co. and Guggenheim Securities LLC are the lead underwriters. The investors included VenBio, Novo Holdings A/S, Rock Springs Capital, Aisling Capital, Bay City Capital, Vivo Capital, Presidio Partners, Remeditex and F-Prime Capital.

25 January 2018•3 mins read
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