Former Genzyme Corporation Subsidiary rEVO Biologics Files For $75 Million IPO

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rEVO Biologics, which markets a recombinant protein that prevents blood clots in patients with a rare disorder, filed on Wednesday with the SEC to raise up to $75 million in an initial public offering. The company was originally formed as a subsidiary of Genzyme and completed an IPO in 2002, before it was bought by French pharmaceutical company LFB Biotechnologies in 2010.

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