Underwriter
(Number Of IPOs As Lead/Number
Of IPOs As Lead Or Co-manager)

Gross Proceeds
(M)
Leerink Swann & Co. (0/7) $473.3
Morgan Stanley (6/6) $432.3
CIBC World Markets (1/5) $379.2
Lehman Brothers (4/4) $355.9
Lazard Capital Markets LLC (0/5) $338.5
Bank of America Securities (1/4) $329.2
UBS Investment Bank (4/4) $317.8
JP Morgan Securities (3/4) $289.6
Pacific Growth Equities (0/4) $282.8
Credit Suisse Securities (2/3) $263.5
JMP Securities (0/4) $260.0
Merrill Lynch & Co. (3/3) $241.0
Piper Jaffray & Co. (1/3) $216.0
Natexis Bleichroeder Inc. (0/2) $194.3
Deutsche Bank Securities (1/2) $181.0
Cowen & Co. (1/3) $179.3
Jefferies & Co. (2/3) $169.0
Rodman & Renshaw (0/2) $118.0
Thomas Weisel Partners (0/1) $112.0
Oppenheimer & Co. (0/2) $100.2
Allen & Co. LLC (0/1) $98.0
AG Edwards Securities (0/1) $70.0
RBC Capital Markets (1/1) $70.0
Bear, Stearns & Co. (1/1) $50.0
Montgomery & Co. (0/1) $50.0
Susquehanna Financial (0/1) $44.0
Maxim Group LLC (2/2) $36.0
C.E. Unterberg, Towbin (1/1) $30.2
Caris & Co. (0/1) $21.0
Blackmont Capital (0/1) $20.0
Dawson James Securities (0/1) $20.0
Desjardins Securities (1/1) $20.0
Dundee Securities (1/1) $20.0
I-Bankers Securities (0/1) $15.0