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Ethypharm files for and later withdraws $169mm IPO

Executive Summary

Ethypharm (drug delivery systems) filed for and later withdrew an initial public offering, citing market conditions. The company intended to sell 14.2mm shares in the $8.80-$10.24 (Euro10.40-12.10) range to raise proceeds of about $169mm.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
  • Pharmaceuticals
    • Drug Delivery
Deal Status
  • Withdrawn
Deal Type
  • Financing
    • IPO

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