BioAtla, a Phase 2 biotech developing antibody therapies for solid tumor cancers, filed on Friday with the SEC to raise up to $100 million in an initial public offering.

Its conditionally active biologics capitalize on its proprietary discoveries with respect to tumor biology, enabling it to target known and widely validated tumor antigens that have previously been difficult or impossible to target.

The San Diego, CA-based company was founded in 2007 and booked $3 million in collaboration revenue for the 12 months ended September 30, 2020.

It plans to list on the Nasdaq under the symbol BCAB. BioAtla filed confidentially on October 6, 2020.

The article Solid tumor biotech BioAtla files for a $100 million IPO originally appeared on IPO investment manager Renaissance Capital’s web site renaissancecapital.com.

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