BioCentury
ARTICLE | Financial News

OncoMed sets IPO range

July 8, 2013 11:34 PM UTC

OncoMed Pharmaceuticals Inc. (Redwood City, Calif.) amended its IPO and now plans to sell 4 million shares at $14-$16. At the $15 midpoint, OncoMed would raise $60 million and be valued at $394 million. Jefferies; Leerink; Piper Jaffray; and BMO Capital Markets are underwriters. OncoMed proposed to raise $115 million in the offering last May. ...