Burson Prescribes PR for IPO-Bound Axovant
Thu., Jun. 11, 2015
By Greg Hazley
Axovant Sciences, the Bermuda-based, late-stage biotech developing an Alzheimer's drug, is relying on Burson-Marsteller for PR support as it pursues an initial public offering.
Axovant slates a New York Stock Exchange listing with a goal of raising $251M.
The company bought its lead drug candidate from GlaxoSmithKline in December 2014 and hopes to take the treatment where Glaxo could not -- to effectiveness and to market. Stage 3 clinical trials are set for the end of 2015.
Axovant has ties to a hedge fund financier and the UK-based drug company Dexcel Pharma.
Sharron Silvers, a financial PR veteran and senior director at Burson, is advising Axovant.
Axovant slates a New York Stock Exchange listing with a goal of raising $251M.
The company bought its lead drug candidate from GlaxoSmithKline in December 2014 and hopes to take the treatment where Glaxo could not -- to effectiveness and to market. Stage 3 clinical trials are set for the end of 2015.
Axovant has ties to a hedge fund financier and the UK-based drug company Dexcel Pharma.
Sharron Silvers, a financial PR veteran and senior director at Burson, is advising Axovant.
Category: Financial PR & Investor Relations
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