Angion Biomedica

General Information
Business:

We are a late-stage biopharmaceutical company focused on the discovery, development and commercialization of novel small molecule therapeutics to address acute organ injuries and fibrotic diseases. Our goal is to transform the treatment paradigm for patients suffering from these potentially life-threatening conditions for which there are no approved medicines or where existing approved medicines have limitations.

Our lead product candidate, ANG-3777, is a hepatocyte growth factor (HGF) mimetic that we are currently evaluating in multiple acute organ injuries and related indications, including acute kidney injury (AKI) and injuries to other major organs, such as the lungs, central nervous system (CNS) and heart. Within AKI, we are currently evaluating ANG-3777’s ability to improve kidney function and reduce the severity of transplant-associated AKI, also known as delayed graft function (DGF), in patients at risk for kidney dysfunction, as well as for the treatment of AKI associated with cardiac surgery involving cardiopulmonary bypass (CSA-AKI). We are also evaluating ANG-3777 for indications within acute lung injury (ALI), with our primary focus on acute respiratory distress syndrome (ARDS), as well as acute CNS injuries.

We are advancing multiple programs for the treatment of fibrotic diseases, leading with ANG-3070, a tyrosine kinase inhibitor (TKI), and our inhibitor of rho kinase 2 (ROCK2). We also continue to develop other preclinical product candidates, including our CYP11B2 (aldosterone synthase) inhibitors, which we are investigating for the purpose of targeting aldosterone-related fibrotic diseases.

Industry: Pharmaceuticals
Employees: 53
Founded: 1998
Contact Information
Address 51 Charles Lindbergh Boulevard Uniondale, New York 11553
Phone Number (415) 655-4899
Web Address
View Prospectus: Angion Biomedica
Financial Information
Market Cap $431.7mil
Revenues $3.12 mil (last 12 months)
Net Income $-67.25 mil (last 12 months)
IPO Profile
Symbol ANGN
Exchange NASDAQ
Shares (millions): 5.0
Price range $16.00 - $16.00
Est. $ Volume $80.0 mil
Manager / Joint Managers Cowen/ Stifel
CO-Managers H.C. Wainwright & Co., LLC/ Oppenheimer & Co.
Expected To Trade: 2/5/2021
Status: Priced
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