Zogenix Sets IPO Range

11/5/10Follow @bvbigelow

San Diego’s Zogenix, which has developed a needle-free injector and drug for quick treating of migraines, has amended its IPO filing, saying it intends to raise about $78 million in its initial offering on Nasdaq. In its filing yesterday, Zogenix says it plans to offer 6 million shares priced between $12 and $14 a share. The stock will trade under the ticker symbol ZGNX. CEO Roger Hawley told me in August that the life sciences startup has raised nearly $200 million in venture capital from Domain Associates, Clarus Lifesciences, Scale Venture Partners, Thomas McNerney & Partners, Chicago Growth Partners, Abingworth Bioventures, and others.

Bruce V. Bigelow is the editor of Xconomy San Diego. You can e-mail him at bbigelow@xconomy.com or call (619) 669-8788 Follow @bvbigelow

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