Xanodyne Pharmaceuticals, Inc. Cancels IPO Due to "Market Conditions"

Published: Oct 27, 2008

Xanodyne Pharmaceuticals Inc., a Florence, Ky.-based drug company, has withdrawn registration for an $86.25 million IPO due to “market conditions.” It had planned to trade on the Nasdaq, with Morgan Stanley and Deutsche Bank Securities serving as co-lead underwriters.

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