BioCentury
ARTICLE | Finance

Tip-toeing on the bubble

PeptiDream launches into public trading as Japan biotech bubble quivers --

June 10, 2013 7:00 AM UTC

PeptiDream Inc. could be facing choppy waters as it makes its public debut this Tuesday in Japan.

Last week, the macrocycle company raised ¥5.3 billion ($52.4 million) through the sale of 2.1 million shares at ¥2,500 in an IPO on the Tokyo Stock Exchange's market of the high-growth and emerging stocks (Mothers)...