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Financings Roundup

Biotech Yields Another in Bumper Crop of IPOs

By Marie Powers
Staff Writer

Monday, June 17, 2013
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Although the official start of summer is still a few days away, the biotech world already is producing a bumper crop of initial public offerings (IPO).

As a trio of companies – Bluebird Bio Inc., PTC Therapeutics Inc. and Regado Biosciences Inc. – prepared to price IPOs this week, a fourth, Onconova Therapeutics Inc., filed a registration statement with the SEC, seeking to raise up to $75 million. (See BioWorld Today, May 1, 2013, May 17, 2013, and May 20, 2013.)

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