SOURCE: NewLink Genetics

December 21, 2010 10:27 ET

NewLink Genetics Corporation Files Registration Statement for Proposed Initial Public Offering

AMES, IA--(Marketwire - December 21, 2010) - NewLink Genetics Corporation ("NewLink") today announced that it has filed a registration statement with the United States Securities and Exchange Commission ('SEC") relating to the proposed initial public offering of shares of its common stock. The shares of common stock to be sold in this offering are proposed to be sold by NewLink Genetics Corporation. The number of shares to be offered and the price range for the offering have not yet been determined.

Wells Fargo Securities, LLC and Cowen and Company, LLC are acting as joint book-running managers for the offering, and Robert W. Baird & Co. Incorporated, Canaccord Genuity Inc. and Needham & Company, LLC are acting as co-managers for the offering. This offering will be made only by means of a prospectus. Once available, copies of the prospectus relating to this offering may be obtained from Wells Fargo Securities, LLC, Attention: Equity Syndicate Department, 375 Park Avenue, New York, New York 10152, or by calling toll-free 800-326-5897 or emailing a request to cmclientsupport@wellsfargo.com and from a Cowen and Company sales representative, or from the offices of Cowen and Company, LLC, c/o Broadridge Financial Services., 1155 Long Island Avenue, Edgewood, NY, 11717, Attn: Prospectus Department, or by calling (631) 274-2806.

A registration statement relating to these securities has been filed with the SEC, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

About NewLink Genetics Corporation

NewLink Genetics Corporation is a biopharmaceutical company focused on discovering, developing and commercializing novel immunotherapeutic products to improve cancer treatment options for patients and physicians. NewLink's portfolio includes biologic and small-molecule immunotherapy product candidates intended to treat a wide range of oncology indications. NewLink's product candidates are designed with an objective to harness multiple components of the innate immune system to combat cancer, either as a monotherapy or in combination with current treatment regimens, without incremental toxicity. NewLink's lead product candidate, HyperAcute Pancreas cancer immunotherapy is being studied in a Phase 3 clinical trial in surgically-resected pancreatic cancer patients. This clinical trial is being performed under a Special Protocol Assessment with the U.S. Food and Drug Administration and has also received Fast Track and Orphan Drug designations. NewLink and its collaborators have completed patient enrollment for a Phase 1/2 clinical trial evaluating its HyperAcute Lung cancer immunotherapy product candidate for non-small cell lung cancer and patient enrollment for a Phase 2 clinical trial for its HyperAcute Melanoma cancer immunotherapy product candidate. NewLink is also developing d-1-methyltryptophan, or D-1MT, a small-molecule, orally bioavailable product candidate from NewLink's proprietary indoleamine-(2, 3)-dioxygenase, or IDO, pathway inhibitor technology. Through NewLink's collaboration with the National Cancer Institute, NewLink is studying D-1MT in various chemotherapy and immunotherapy combinations in two Phase 1B/2 safety and efficacy clinical trials. For more information please visit us at www.linkp.com.

Contact Information

  • Contact
    NewLink Genetics Corporation
    Gordon Link
    CFO
    515-598-2925