BioCentury
ARTICLE | Financial News

Advanced BioHealing sets IPO range

May 6, 2011 12:17 AM UTC

Advanced BioHealing Inc. (Westport, Conn.) amended its IPO and hopes to sell 8.4 million shares at $14-$16. A $15 price would raise $125.3 million and value the company at $597.3 million. BofA Merrill Lynch; JPMorgan; Wells Fargo; William Blair; and Oppenheimer are underwriters. Selling shareholders also plan to offer 5 million shares. ...