BioCentury
ARTICLE | Finance

Turkey trot

Biotech IPO filings keep flowing but bankers need to hustle to price this year

October 21, 2013 7:00 AM UTC

Even with the traditional post-Thanksgiving break fast approaching, buysiders say there is still plenty of demand to support companies in the IPO queue. But timing will be increasingly tight for those that haven't filed publicly by the end of this week.

The number of biotechs in the queue grew to 23 last week as three new names were added and one - ADMA Biologics Inc. (NASDAQ:ADMA) - slipped out the door. The antibody play raised $28.5 million on the OTC Bulletin Board on Thursday...