IPO Company Profile
SEC Filings | Peer IPO Companies
Sensus Drug Development Corporation
98 San Jacinto Boulevard, Suite 430, Austin, TX 78701 * (512) 487-2000

The company is an emerging pharmaceutical company that is developing drugs to treat endocrine and metabolic diseases and disorders.

Primary Underwriting Group
ManagerTierPhone
Merrill Lynch & Co.Lead Manager (212) 449-4600
BancAmerica Robertson StephensCo-manager (415) 989-8500
Nationsbanc Montgomery Securities, Inc.Co-manager (415) 627-2100

Filing Information
NASNTL:SENS Manufacturing: SIC 2834
Type of Shares:Common Shares Filing Date:7/28/98
U.S. Shares Filed:3,000,000 Filing Range:$13.00 - $15.00
Non-U.S. Shares Filed:0 Offering Amount: $42,000,000
Primary Shares:3,000,000 Expenses: -
Secondary Shares:0 Post-IPO Shares:
Employees:15

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Cooley Godward Castro Huddleson & Tatum
Bank's Law Firm: Brown & Wood
Registrar/Transfer Agent: American Securities Transfer and Trust
Auditor: Ernst & Young

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
6 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
12/31/97 6/30/98 6/30/97 6/30/98
Revenue:$0.00$0.00$0.00Assets:$6.05
Net Income:-$12.45-$8.87-$3.57Curr Assets:$5.50
EPS:-$0.82-$0.39Liabilities:$4.08
Prior EPS:Curr Liab:$4.08
Cash Flow/Oper:-$8.91-$27.50-$13.07Equity:$1.97
Cash Flow/Fin:$4.17$33.51$1.44Cash:$3.77
Cash Flow/Inv:$0.01-$2.24-$1.84Working Cap:$1.42

Use of Proceeds
The proceeds from the proposed offering will be used for clinical trials of Trovert, additional research and development activities, commercialization of Trovert, including the establishment of a direct sales force and contract manufacturing, and for working capital and general corporate purposes including repayment of debt.

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