Universal Flu Vaccine Co BiondVax Pharmaceuticals Mulls NY IPO

Universal flu vaccine developer BiondVax Pharmaceuticals Ltd. (TASE:BNDX) is mulling a Wall Street IPO, sources inform “Globes.” The company has a market cap of NIS 42 million on the Tel Aviv Stock Exchange (TASE).

BiondVax is exploring two options either a conventional offering or listing American Depositary Receipts (ADR) for trading. The company will be required to file a prospectus with the US Securities and Exchange Commission (SEC) and the bookrunner is likely to be Aegis.

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