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AC Immune prices IPO at $11, the low end of the range

September 22, 2016
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AC Immune, a Swiss biotech developing therapies for Alzheimer's, partnered with Genentech, raised $66 million by offering 6 million shares at $11, the low end of the range of $11 to $13. AC Immune plans to list on the Nasdaq under the symbol ACIU. Credit Suisse, Jefferies and Leerink Partners acted as lead managers on the deal.