Renaissance Capital logo

ALDR News

Colorectal cancer biotech Xbiotech prices $76 million IPO at $19 midpoint

Xbiotech, which is developing antibodies for colorectal cancer and various other conditions, raised $76 million by offering 4 million shares at $19, within the range of $18 to $20.  The IPO was being marketed by WR Hambrecht on a "best efforts"...read more

Anitbody biotech Xbiotech sets terms for $76 million IPO

Xbiotech, which is developing antibodies for colorectal cancer and various other conditions, announced terms for its IPO on Tuesday. The IPO is being marketed by WR Hambrecht on a "best efforts" basis.  The Austin, TX-based company plans to raise $76...read more

Alder BioPharmaceuticals prices upsized IPO at $10, well below the range

Alder BioPharmaceuticals, which is developing antibodies to prevent migraine and treat rheumatoid arthritis, raised $80 million by offering 8.0 million shares at $10, below its proposed $13 to $15 range. Alder BioPharmaceuticals will list on the NASDAQ under the...read more

9 US IPOs planned for the week of May 5

The following IPOs are expected to price this week: Alder BioPharmaceuticals (ALDR), which is developing antibodies for rheumatoid arthritis with Bristol-Myers and...read more