A lap behind the pace car

Ebb & Flow

NEW TO MARKET: BioReliance (BREL) raised $31.5 million through the sale of 2.1 million shares at $15. The company, which specializes in non-clinical testing and contract manufacturing services, filed to sell the shares at $12-$14. BREL was founded in 1947 as Microbiological Associates Inc. BREL

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