BioCentury
ARTICLE | Financial News

Tesaro sets IPO range

June 20, 2012 12:47 AM UTC

Tesaro Inc. (Waltham, Mass.) amended its IPO and now hopes to sell 6 million shares at $12-$15 per share. A $13.50 price would raise $81 million and value the company at $360.1 million. Citi; Morgan Stanley; Leerink; BMO Capital Markets; and Baird are underwriters. In March, Tesaro proposed to raise up to $86.3 million in an IPO (see BioCentury Extra, March 23). ...