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IPO · MIRM

Mirum Pharmaceuticals, Inc.

Mirum Pharmaceuticals, Inc. (MIRM) priced its initial public offering on Jul 18, 2019 at $15.00 per share, within its $14.00–$16.00 range, raising $75M, and listed on Nasdaq Global Market. At the IPO price its market capitalization was about $345.2M. Cooley advised the company and Latham & Watkins advised the underwriters.

Mirum Pharmaceuticals, Inc. is a biopharmaceutical company developing therapies for rare liver diseases. Its candidate maralixibat is in Phase 3 development for pediatric progressive familial intrahepatic cholestasis and planned for Alagille syndrome, while volixibat is in development for adult liver diseases.

Status
IPO
Ticker
MIRM
Exchange
Nasdaq Global Market
Priced
Jul 18, 2019
IPO price
$15.00
Price range
$14.00–$16.00
Raised
$75M
Market cap at IPO price
$345.2M
First filed
Jun 21, 2019
Company counsel
Cooley
Underwriters' counsel
Latham & Watkins
Sector
Biotech & pharma
Country / state
CA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.

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