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MolMed Nets $76M in Europe's First Biotechnology IPO of 2008

By Cormac Sheridan

Wednesday, March 5, 2008
MolMed SpA restored a measure of confidence to European biotechnology by netting €50.1 million (US$76 million) in the sector's first IPO of this year. Shares will begin trading today on the Mercato Telematico Azionario, the electronic share-trading platform administered by Milan, Italy-based Borsa Italiana SpA. (BioWorld International)

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