Impel NeuroPharma

General Information

We are a late-stage pharmaceutical company focused on utilizing our proprietary technology to develop and commercialize transformative therapies for patients suffering from diseases with high unmet medical needs, with an initial focus on diseases of the central nervous system, or CNS. Our company was founded on the premise that the upper nasal cavity can be an optimal treatment entry point for CNS and other diseases where rapid vascular absorption can result in superior clinical outcomes. Our strategy is to pair our proprietary Precision Olfactory Delivery, or POD, upper nasal delivery technology with well-established therapeutics or other therapeutics where rapid vascular absorption is preferred to drive therapeutic benefit, improve patient outcomes, reduce drug development risk and expand the commercial opportunity within our target diseases. Since 2016, we have identified and advanced multiple product candidates, including TRUDHESATM (INP104) for the acute treatment of migraine and INP105 for the acute treatment of agitation and aggression in patients with Autism Spectrum Disorder, or ASD. Our pipeline of proprietary product candidates also includes INP107 for the treatment of OFF episodes in Parkinson’s Disease. In November 2020, we submitted an NDA for TRUDHESA, for the acute treatment of migraine headaches with or without aura in adult patients. The FDA has filed and accepted the new drug application, or NDA, for review and established a Prescription Drug User Fee Act, or PDUFA, goal date of Sept. 6, 2021.

(Note: Impel NeuroPharma priced its IPO at $15 – the mid-point of its $14-to-$16 range – on 5.33 million shares to raise $79.95 million.)

Employees: 61
Founded: 2008
Contact Information
Address 201 Elliott Avenue West, Suite 260 Seattle, WA 98119
Phone Number (206) 568-1466
Web Address
View Prospectus: Impel NeuroPharma
Financial Information
Market Cap $291.15mil
Revenues $0 mil (last 12 months)
Net Income $-45.8 mil (last 12 months)
IPO Profile
Symbol IMPL
Exchange NASDAQ
Shares (millions): 5.3
Price range $15.00 - $15.00
Est. $ Volume $80.0 mil
Manager / Joint Managers Cowen and Company/ Guggenheim Securities
CO-Managers Wedbush Securities
Expected To Trade: 4/23/2021
Status: Priced
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