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Financings Roundup

IPOpalooza Continues with Portola's $122M Offering

By Catherine Shaffer
Staff Writer

Wednesday, May 22, 2013
financings_resized.jpg

Portola Pharmaceuticals Inc. has become the latest biotech to go public in a rush driven by surging financial markets. The South San Francisco-based company has become the 12th biotech in the 2013 IPO class, and another dozen are filed and pending, signaling a definitive end to the long wait for markets to regain avid interest in new biotech opportunities following the market crash of 2008.

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