BioCentury
ARTICLE | Financial News

Spero aiming for $86.3M IPO

October 13, 2017 7:53 PM UTC

On Oct. 6, infectious disease company Spero Therapeutics LLC (Cambridge, Mass.) filed to raise up to $86.3 million in an IPO on NASDAQ underwritten by BofA Merrill Lynch, Cowen, Stifel and Oppenheimer.

Spero is developing antibiotics for drug-resistant pathogens, as well as potentiators to broaden the spectrum and increase the potency of antibiotics...