PHASE I/II TRIAL UNDER WAY
Ignyta firing up IPO: $44M for cancer bid with kinase inhibitors
By Randy Osborne
Friday, March 14, 2014
Already trading weakly as a public entity thanks to its reverse merger in the fall of last year, Ignyta Inc. priced an initial public offering (IPO) of about 5.2 million shares at $9.15 each, for gross proceeds of about $48 million and a net haul of about $44.5 million.
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