IPOs, Biotech, Archemix
Archemix Sets IPO Terms
Rebecca Zacks 10/23/07
In a new filing with the SEC, Cambridge, MA’s Archemix set terms for its IPO of 4.5 million shares at $12 to $14 per share. The firm, which plans to trade on the NASDAQ Global Market under the symbol “ARCH,” is developing “aptamers,” or short strands of DNA or RNA, as treatments for a variety of ailments.
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