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Congratulations to our client Humanigen and Dr. Cameron Durrant, CEO, on completing its equity financing round of $71.8M

Client Updates / Jun 07, 2020

Humanigen, Inc., (OTCQB:HGEN), a clinical stage biopharmaceutical company focused on preventing and treating cytokine storm with lenzilumab, the company’s proprietary Humaneered® anti-human granulocyte macrophage-colony stimulating factor (GM-CSF) monoclonal antibody, announced today the pricing of a private placement of approximately $72 million of common stock.  J.P. Morgan Securities LLC is acting as the placement agent for the financing, which comprises a group of healthcare investors including Venrock Healthcare Capital Partners, Surveyor Capital (a Citadel company), HealthCor, Valiant Capital Partners, First Light Asset Management and Ghost Tree Capital.

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Mark Cohen, Senior Partner and Chair of the Life Sciences Practice Group, and Elizabeth Wieckowski represent Humanigen in its intellectual property matters.