Quick Take
Deciphera Pharmaceuticals (DCPH) has set terms for its proposed IPO, seeking to sell 6.25 million of common stock at a midpoint price of $16.00 per share.
Deciphera is a clinical-stage biopharmaceutical firm developing kinase inhibitor treatments for a variety of cancers.
Although its candidates are promising, the combination of very early stage trials, no existing investor IPO support, and a fairly high valuation means my opinion is to AVOID the IPO.