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Clinical stage biopharmaceutical company Otonomy nets $107mm in IPO

Executive Summary

Otonomy Inc. (clinical-stage biopharma treating ear diseases) netted $107mm in its IPO on Nasdaq, pricing 7.2mm shares (including the overallotment) at $16 per share, the high end of the range. The company first filed in July, and in early August announced plans to sell 5.3mm shares at $14-16.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
    • Drug Delivery
      • Controlled Release
Deal Status
  • Final
Deal Type
  • Financing
    • IPO

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