San Diego’s stealthy Odonate surfaces with $173M IPO
Apparently the IPO window remains wide open. Shortly following news of Denali’s $100 million IPO plans, a small and rather quiet biotech in San Diego named Odonate Therapeutics filed paperwork with the SEC signaling plans to raise $173 million.
Although flying under the radar, Odonate has apparently been busy building up its staff. The company employs 44 people and is led by chairman and CEO Kevin Tang, the guy who co-founded San Diego’s Ardea Biosciences back in 2006 and later sold it to AstraZeneca for $1.26 billion.
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