Ascendis Pharma (ASND) Announces Proposed $500M ADS Offering

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Ascendis Pharma (ASND) Prices 4.225M ADS Offering at $14/ADS

July 8, 2020 6:01 AM EDT

Ascendis Pharma A/S (NASDAQ: ASND) today announced the pricing of its underwritten public offering of 4,225,352 American Depositary Shares (ADSs), each of which represents one ordinary share of Ascendis, at a price to the public of $142.00 per ADS. All of the ADSs are being offered by Ascendis. The offering is expected to close on or about July 10, 2020 subject to customary closing conditions. In addition,... More

Ascendis Pharma (ASND) Receives Positive Opinion from Paediatric Committee of the European Medicines Agency on Agreement of Paediatric Investigation Plan

July 6, 2020 9:25 AM EDT

Ascendis Pharma A/S (Nasdaq: ASND), a biopharmaceutical company that utilizes its innovative TransCon technologies to address unmet medical needs, today announced that it received a positive opinion from the Paediatric Committee (PDCO) of the European Medicines Agency (EMA) on its agreement with the proposed Paediatric Investigation Plan (PIP) for TransCon hGH (lonapegsomatropin), an investigational long-acting once-weekly prodrug of somatropin (human growth hormone or hGH) in development for treatment of growth hormone deficiency (GHD). The positive opinion is based on the non-clinical safety program, as well as data from the three phase 3 clinical... More