** Belgium-based Agomab Therapeutics AGMB.O set to open below offer price in Nasdaq debut
** Stock indicated to open at $15.25 apiece versus $16 IPO price
** AGMB sold 12.5 million American Depositary Shares within marketed range of $15 to $17, to raise $200 million
** Founded in 2017, AGMB is developing treatments for immune and inflammatory diseases, starting with chronic fibrotic conditions
** AGMB's lead product candidate, ontunisertib, is being developed for fibrostenosing Crohn's disease, a severe form of Crohn's characterized by inflammation-driven structures that often lead to surgery
** J.P.Morgan, Morgan Stanley, Leerink Partners and Van Lanschot Kempen were joint book-running managers for the offering
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com;))