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Aldagen, Inc.
2810 Meridian Pkwy., Ste. 148
Durham, NC 27713
Company Web Site
 
Phone: 919-484-2571
Fax: 919-484-8792
 

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
Key Numbers
Company Type:  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