Molecular Partners AG successfully completes the placement of shares Donnerstag, 14. April 2016 - 08:47
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Molecular Partners AG successfully completes the placement of shares
Zurich-Schlieren, April 14, 2016. Molecular Partners AG (ticker: MOLN SW), a clinical-stage biopharmaceutical company that is developing a new class of therapies known as DARPins today announced the successful completion of a selldown of shares.
Certain shareholders of Molecular Partners AG, including employees, consultants, members of the board of directors of Molecular Partners AG and certain venture capital shareholders have successfully placed 1,100,000 shares in an Accelerated Bookbuilding transaction. The shares have been priced at CHF 27.50 per share.
UBS AG is acting as Sole Global Coordinator and Joint Bookrunner, along with J.P. Morgan as Joint Bookrunner. Bank am Bellevue and Bank Vontobel are acting as Co-Lead Managers.
Financial Calendar 2016
Annual General Meeting of Molecular Partners AG | April 20, 2016 |
Publication of Quarterly Management Statement Q1 2016 | April 28, 2016 |
Publication of Half-year Results 2016 | September 1, 2016 |
Publication of Quarterly Management Statement Q3 2016 | October 27, 2016 |
http://investors.molecularpartners.com/financial-calendar-and-events/
About Molecular Partners AG
Molecular Partners AG is a clinical-stage biopharmaceutical company that is developing a new, class of therapies known as DARPins. DARPins are potent, specific, and versatile small-protein therapies, which have the potential to offer benefits over conventional monoclonal antibodies or other currently available protein therapeutics. The DARPin technology has the potential to offer a multi-specific approach to treatment, which enables DARPins to target multiple pathways, or multiple epitopes on a single target to achieve substantial patient benefit. DARPins have the potential to advance modern medicine and significantly improve the treatment of serious diseases, including cancer and sight-threatening disorders.
Molecular Partners has four compounds in various stages of clinical and preclinical development and several more in the research stage, with a current focus on ophthalmology and oncology. The company has ongoing research and development partnerships with leading pharmaceutical companies, including Allergan and Janssen, and is backed by established biotech investors. For more information regarding Molecular Partners AG, go to: www.molecularpartners.com.
For further details, please contact:
Dr. Christian Zahnd, CEO
christian.zahnd@molecularpartners.com
Tel: +41 (0) 44 755 77 00
Andreas Emmenegger, CFO
andreas.emmenegger@molecularpartners.com
Tel: +41 (0) 44 755 77 00
Rolf Schläpfer
Hirzel.Neef.Schmid.Counselors
rolf.schlaepfer@konsulenten.ch
Tel: +41 (0) 43 344 42 42

