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Crossover investors like Ultragenyx's Orphan assets and near-term exit plan
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Ultra crossover
By Michael Flanagan
Staff Writer
Published on
Monday, December 24, 2012
Ultragenyx Pharmaceuticals Inc. laid the groundwork for a
public exit by raising $75 million from a syndicate heavily represented by
crossover investors who like the company's Orphan story and prospects for a
near-term IPO.
CFO Shalini Sharp said
Ultragenyx had several goals in mind when it began meeting with investors over
the summer to drum up support for last week's series B round.
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