Replies to post #2299 on Enanta Pharmaceuticals Inc (ENTA)

[DewDiligence]

ENTA opens $100M ATM with Jefferies:

https://www.sec.gov/Archives/edgar/data/0001177648/000119312522231299/d396056d424b5.htm

ENTA had ~$330M of pro forma cash at 6/30/22 (#msg-169621212), so the ATM looks like a backup contingency in case ENTA decides to conduct the phase-2(/3) EDP-235 trial without a partner.

p.s. ENTA has never raised capital as a public company apart from its 2013 IPO. HCV milestones and royalties from ABBV have been sufficient to fund ENTA's operations.