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ASLAN Pharmaceuticals – $42 Million IPO

First Taipei Exchange-listed company to go public in US

Shanghai – June 8, 2018 – Cooley advised ASLAN Pharmaceuticals Limited on its $42 million initial public offering of 6,000,000 American Depositary Shares, each representing five ordinary shares. Cooley partners Patrick Loofbourrow, Charlie Kim, Rob Phillips, Sean Clayton and Dave Peinsipp led the team advising Aslan.

Leerink Partners and Piper Jaffray acted as joint book-running managers for the offering. BTIG, H.C. Wainwright & Co. and CLSA acted as co-managers for the offering.

This IPO marks the first Taipei Exchange-listed company to go public in the US. The ADSs now trade on the Nasdaq Global Market under the symbol “ASLN” and the ordinary shares have traded on the Tapei Exchange since Q2 2017 under the symbol “6497.”

ASLAN is a Singapore clinical-stage oncology-focused biopharmaceutical company developing novel therapeutics for global markets. Aslan targets diseases that are both highly prevalent in Asia and orphan indications in the United States and Europe.

This complex, precedent-setting transaction leverages Cooley’s strengths in the capital markets and life sciences sectors across Asia and the US.

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Related Contacts
Patrick Loofbourrow  Partner Singapore, Shanghai, San Diego
Charlie Kim  Partner San Diego, Los Angeles
David Peinsipp  Partner San Francisco, Palo Alto
Kristin VanderPas  Partner San Francisco
Carlos Ramirez  Partner San Diego
Bin Wang  Special Counsel Palo Alto
Phillip McGill  Associate San Diego
Jessica Wade  Paralegal Specialist San Diego
Barbara Mirza  Partner Los Angeles, Palo Alto
Natasha Leskovsek  Of Counsel Washington, DC
Phil Mitchell  Partner New York
Susan Cooper Philpot  Retired Partner San Francisco
Mark Windfeld-Hansen  Senior Counsel Palo Alto
Francis Wheeler  Partner Colorado
Daniel I. Goldberg  Partner New York