initial public offerings (IPOs) trading on American exchanges

Thursday, October 29, 2015

MyoKardia (MYOK) started trading on the Nasdaq on 29 October 2015

  • MyoKardia (NASDAQ:MYOK) offered 5,437,500 shares of common stock at $10 per share. Underwriters over-allotment is an additional 815,625 shares. Closing date is November 3.
  • The original IPO was 4,687,500 shares at $15 - 17.
  • Previously: MyoKardia set for IPO (Oct. 22)
  • MyoKardia offers a valuable solution in a distinct market but the company is only in Phase 1 of testing its first therapies.
  • MyoKardia predicted bringing home $91.6 million with its IPO. The company’s take home was only $54 million.



MyoKardia, Inc. is a clinical-stage biopharmaceutical company. The Company focuses on the treatment of heritable cardiomyopathies, a group of rare, genetically-driven forms of heart failure that result from biomechanical defects in cardiac muscle contraction. The Company is engaged in the business of developing and commercializing therapeutics. The Company has used its precision medicine platform to generate an initial pipeline of over four therapeutic programs for the chronic treatment of two forms of heritable cardiomyopathy-hypertrophic cardiomyopathy (HCM), and dilated cardiomyopathy (DCM). Additionally, the Company has three preclinical programs, HCM-2, DCM-2 and LUS-1. Its lead product candidate, MYK-461, is an orally-administered small molecule designed to reduce excessive cardiac muscle contractility leading to HCM.

333 Allerton Ave
United States 

Key stats and ratios

Q2 (Jun '17)2016
Net profit margin-228.21%-33.55%
Operating margin-233.71%-33.94%
EBITD margin--31.11%
Return on average assets-29.08%-8.27%
Return on average equity-39.69%-10.99%

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