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Boundless Bio
IPOBOLD.NASDAQPast

Boundless Bio

Biotechnology

Company website ↗
Foundation year: 2018
Employees
72
IPO date
31/03/2024

About

A company operating in the field of oncology and currently in the clinical trial phase is seeking to establish a new paradigm in cancer treatment. It focuses on patients with an increased number of oncogenes, targeting extrachromosomal DNA (ecDNA), which is one of the causes of oncogene amplification, found in more than 14% of cancer patients.

The company is registered in Delaware.

Headquarters

9880 Campus Point Drive, Suite 120 San Diego, CA 92121

Team

Zachary Hornby - CEO, President, and Director

Neil Abdollahian - Chief Business Officer

Amy Berkley, Ph.D. - Vice President, Program Team Leadership and Strategic Alliances

 

 

Financial information

Year Ended
December 31,
 
     2022     2023  
              
(in thousands, except per share data)     

 

     

 

 

Statements of Operations Data:

                

Operating expenses:

                

Research and development

   $ 37,159     $ 42,637  

General and administrative

     9,310       12,159  
    

 

 

   

 

 

 

Total operating expenses

     46,469       54,796  
    

 

 

   

 

 

 

Loss from operations

     (46,469 )      (54,796 ) 

Other income (expense), net:

                

Interest income

     668       5,282  

Other income (expense)

     (100 )      80  
    

 

 

   

 

 

 

Total other income (expense), net

     568       5,362  
    

 

 

   

 

 

 

Net loss

   $ (45,901 )    $ (49,434 ) 
    

 

 

   

 

 

 

Net loss per common share, basic and diluted(1)

   $ (2.14 )    $ (2.08 ) 
    

 

 

   

 

 

 

Weighted-average shares used in net loss per common share calculation, basic and diluted(1)

     21,406       23,713  
    

 

 

   

 

 

 

Pro forma net loss per common share, basic and diluted (unaudited)(2)

           $ (0.18 ) 
            

 

 

 

Pro forma weighted-average shares used in pro forma net loss per common share calculation, basic and diluted (unaudited)(2)

             272,811  
            

 

 

 

Underwriters

Goldman Sachs, Leerink Partners, Piper Sandler, Guggenheim Securities

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