Singulex postpones IPO

Singulex Inc. (Alameda, Calif.) postponed its planned IPO, citing market conditions. Last month, the company amended the offering and said it hoped to sell 4.4 million shares at $15-$17. A $16 price would have raised $70 million and valued the company at $245.5 million. In September, Singulex proposed to raise up to $86.3 million in an IPO underwritten by UBS; Piper Jaffray; William Blair; and Leerink. ...