Mirum Pharmaceuticals (NASDAQ: MIRM), a clinical-stage therapeutics company developing a novel approach for treating cholestatic liver diseases, has closed an initial public offering of 5,000,000 shares of its common stock. According to the update, the offering resulted in gross proceeds of $75 million for Mirum Pharmaceuticals, with shares sold at the public offering price of $15.00 each. The shares began trading on the Nasdaq Global Market under the symbol “MIRM” on July 18, 2019. ROTH Capital Partners acted 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 www.MirumPharma.com.
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