Aldagen, Inc.2810 Meridian Pkwy., Ste. 148 Durham, NC 27713 Company Web Site | | Phone: 919-484-2571 Fax: 919-484-8792
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Aldagen's work stems from the need for tissue repair. The biopharmaceutical company develops cell regeneration therapies using adult stem cells. It uses a proprietary technology that isolates an enzyme known as aldehyde dehydrogenase, or ALDH, which it believes can target a number of diseases. Aldagen hopes its products will be used to treat hereditary metabolic diseases in children, leukemia, and cardiovascular diseases; all its drugs are in the development stage. The company does its own manufacturing and plans to do its own marketing. Venture capital firm Intersouth Partners holds about 42% of Aldagen, which filed an IPO in late 2009. The company is led by CEO W. Thomas Amick.
IPO Information Status:
TBA
Filing Date:
Oct 28, 2009
Offering Amount (mil.):
$80.50
Underwriters:
Cowen and Company, LLC; Wells Fargo Securities, LLC
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Private
NASDAQ (GM):
ALDH Proposed Fiscal Year-End: December 2008 Sales (mil.): $0.2
1-Year Sales Growth: (15.2%) 2008 Net Income (mil.): ($10.2) 2008 Employees: 24
1-Year Employee Growth: 33.3%
Key People
Chairman and CEO W. Thomas Amick
President and COO Edward L. Field
CFO David Carberry
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