7/9/2013 7:41:46 AM
Get the latest biotech news where you want it. Sign up for the free GenePool newsletter today!
OncoMed Pharmaceuticals Inc. priced its initial public offering at $14 to $16 per share, hoping to raise as much as $73.6 million. The Redwood City cancer drug developer in May 2012 had outlined plans for a $115 million IPO, but said last week that it hoped to sell 4 million shares. The size of the offering raised speculation that the IPO would approach $75 million instead. Led by CEO Paul Hastings, OncoMed is developing monoclonal antibody drugs that target cancer stem cells, a relatively small subpopulation of stem cells in a tumor that drive the cancer to grow and spread.
Help employers find you! Check out all the jobs and post your resume.
comments powered by