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Cell Genesys subsidiary Abgenix nets $21.39 in IPO

Executive Summary

Cell Genesys subsidiary Abgenix (monoclonal antibodies) completed its IPO, netting $21.39mm on the sale of 2.875mm common shares at $8 each. The per share price is lower than the $10-12 hoped for when the company initially filed.
Deal Industry
  • Pharmaceuticals
  • Biotechnology
    • Large Molecule
    • Large Molecule
      • Antibodies
Deal Status
  • Final
Deal Type
  • Financing
    • IPO

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