Press Release

TRACON Pharmaceuticals Completes Initial Public Offering

February 13, 2015

San Diego – February 13, 2015 – Cooley advised TRACON Pharmaceuticals, Inc. on its initial public offering, as well as a concurrent private placement. TRACON is a clinical stage biopharmaceutical company focused on the development and commercialization of novel targeted therapeutics for cancer, age-related macular degeneration and fibrotic diseases. The company now trades on The NASDAQ Global Market under the symbol "TCON."

The Cooley corporate securities team was led by partners Charlie Kim and Sean Clayton and included associates Kristin VanderPas, Dani Nazemian and Terren O'Connor.

Support for the offering was provided by partners Natasha Leskovsek and Wendy Goldstein, special counsel Phil Mitchell and associate Jennifer Shanley (health care and life sciences regulatory); special counsel Laura McDaniels (compensation and benefits); and partner Susan Cooper Philpot (tax).

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