ARTICLE | Finance

The big Pacific

Pacific Biosciences now aiming for biggest biotech IPO in 2010: up to $230M

October 4, 2010 7:00 AM UTC

Next-generation genome sequencing play Pacific Biosciences Inc. upped the ante on its planned IPO last week. The company raised the amount to be raised to up to $230 million from the $200 million it filed for in August.

That would make it the biggest IPO this year, surpassing the $215.6 million raised by gastrointestinal company Ironwood Pharmaceuticals Inc. (NASDAQ:IRWD) in February...