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Day One Biopharmaceuticals to offer 8.4 million shares in IPO, priced at $14 to $16 each


Day One Biopharmaceuticals to offer 8.4 million shares in IPO, priced at $14 to $16 each
Day One Biopharmaceuticals set terms for its initial public offering on Monday, with plans to offer 8.4 million shares priced at $14 to $16 each. The company has applied to list on Nasdaq under the ticker “DAWN.” JPMorgan, Cowen, Piper Sandler and Wedbush PacGrow are underwriting the deal. Proceeds will be used to finance clinical trials and for working capital and general corporate purposes.” Day One was founded to address a critical unmet need: children with cancer are being left behind in a cancer drug development revolution,” the company says in its prospectus. “Our name was inspired by the “The Day One Talk” that physicians have with patients and their families about an initial cancer diagnosis and treatment plan. We aim to re-envision cancer drug development and redefine what’s possible for all people living with cancer-regardless of age-starting from Day One.”Marke ....

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Samir Mody as chief commercial officer, while 
Friedrich Asmus signs on as SVP, clinical development and medical affairs. Meanwhile, the company has also tapped 
Joel Centeno as SVP, manufacturing, quality and supply chain. Mody comes over from Medtronic, where he was vice president, CRHF strategy, health economics and reimbursement. Asmus previously served as VP of clinical development at ophthalmology biotech ProQR Therapeutics, while Centeno comes over after stints at Boston Scientific, Hologic and AltheaDx.
Tamra Adams as chief financial officer, a newly created executive position at the company. Before joining Antios, Adams founded Accounting Concepts, which provided CFO, accounting, and financial services to emerging growth companies in the biopharmaceutical and information technology industries, including Engage Therapeutics. ....

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