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Friday, July 17, 2020

Freeline Therapeutics on deck for IPO

Freeline Therapeutics has filed preliminary prospectus for $100M, and intends to list its ADSs on Nasdaq Capital Market under the symbol “FRLN”.
Hertfordshire, UK-based company’s lead product candidate, FLT180a, an adeno-associated virus based gene therapy for hemophilia B, is currently in a Phase 1/2 trial and has dosed 10 patients as of June 15, 2020.
Recently, the company announced $120M in series C financing.
Financials as of Mar 31: Net loss: $7.8M; Cash:$88.5M

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