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Anitbody biotech Alder BioPharmaceuticals files for a $115 million IPO

Alder BioPharmaceuticals, a biotech developing antibodies to treat migraines and arthritis, filed on Wednesday with the SEC to raise up to $115 million in an initial public offering. The Bothell, WA-based company, which was founded in 2002 and booked $19 million...read more

US IPO Recap: Hilton and eleven others set terms

Setting the stage for a potentially record-breaking week in the US IPO market, twelve companies set terms last week. The largest of these were Hilton Worldwide (HLT), the world's largest hotel chain, and ARAMARK (ARMK), the third-largest provider of food and...read more

Xencor prices IPO at $5.50, at lower revised share price

Xencor, a biotech developing antibodies for severe autoimmune/allergic diseases and cancer, raised $70 million by offering 12.7 million shares at $5.50. The company, which revised its terms yesterday, had originally filed to offer 5 million shares at $14 to $16...read more

Biotech Xencor increases shares and decreases its IPO price range after November postponement

Xencor, a biotech developing antibodies for severe autoimmune/allergic diseases and cancer, lowered the proposed deal size for its upcoming IPO on Monday. The Monrovia, CA-based company now plans to raise $70 million by offering 12.7 million shares at $5.50 per...read more