ARTICLE | Financial News
Braeburn cancels IPO plans
February 2, 2017 11:52 PM UTC
Braeburn Pharmaceuticals Inc. (Princeton, N.J.) said Thursday it has decided against conducting an IPO, citing market conditions. The company is the first biopharma this year to scuttle a planned IPO on NASDAQ.
The company said "significant available capital" and a series of upcoming milestones contributed to its decision...
BCIQ Target Profiles