NEW YORK, May 18, 2017 (GLOBE NEWSWIRE) — argenx (Nasdaq:ARGX), a clinical-stage biotechnology company developing a deep pipeline of differentiated antibody-based therapies for the treatment of severe autoimmune diseases and cancer, visited the Nasdaq MarketSite in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/5b098cb8-6dcf-4f30-b37d-2d4a7b0176a9
“We are delighted to have completed our successful US IPO which will support the growth of our business, particularly as we advance our lead clinical programs ARGX-113 for severe autoimmune disease and ARGX-110 for hematological malignancies through key phase 2 trials and forward,” said Tim Van Hauwermeiren, CEO of argenx. “Establishing US trading for our stock is another element in our strategy to access the world’s most significant pharmaceutical market and other important stakeholders as we work to bring our novel products to the patients who need them.”
Based in Breda, the Netherlands, argenx is focused on developing product candidates with the potential to be either first-in-class against novel targets or best-in-class against known, but complex, targets in order to treat diseases with a significant unmet medical need. Together with its antibody discovery and development expertise, argenx employs a suite of technologies to optimize antibodies for the discovery and development of the company’s product candidates.
“As the leading exchange for many successful health care companies, we are proud to be the listing partner of argenx as they continue to drive forward the development of antibody engineering to treat patients with cancer and severe autoimmune diseases,” said Nelson Griggs, Executive Vice President, Head of Global Listings, Nasdaq.
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