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Celldex launches public offering to fund drug development and commercial launch of barzolvolimab.

Company Fundamentals
01 Apr 2026
GlobeNewsWire
View Source
Neutral
pluang ai news

Celldex Therapeutics has initiated an underwritten public offering of its common stock, including a potential 15% additional share option for underwriters. The company plans to use the proceeds to support the commercial launch of barzolvolimab for chronic spontaneous urticaria (CSU) in the U.S., advance clinical and preclinical development of its drug candidates, expand its bispecific antibody platform, and fund general corporate activities. The offering's final terms depend on market conditions and will be detailed in a forthcoming prospectus supplement. This move aims to strengthen Celldex's financial position as it progresses its pipeline of antibody-based therapies targeting severe inflammatory and autoimmune diseases.

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