NetworkNewsBreaks – Mirum Pharmaceuticals, Inc. (NASDAQ: MIRM) Closes $48M Follow-On

January 16, 2020 12:10:54

Mirum Pharmaceuticals (NASDAQ: MIRM), a biopharmaceutical company concentrating on the development and commercialization of novel therapies for debilitating liver diseases, recently closed an underwritten public offering of 2,400,000 shares of its common stock. Sold at a price of $20.00 each, the offering resulted in gross proceeds of $48 million. Additionally, the company granted the underwriters a 30-day option to purchase up to 360,000 shares at the public offering price of $20.00 per share. ROTH Capital Partners served as co-manager for the offering.

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About Mirum Pharmaceuticals, Inc.

Mirum Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company focused on the development and commercialization of a late-stage pipeline of novel therapies for debilitating liver diseases. The company’s lead product candidate, maralixibat, is an investigational oral drug in development for progressive familial intrahepatic cholestasis (“PFIC”) and Alagille syndrome (“ALGS”). For more information, visit the company’s website at

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