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12:00 AM, Feb 10, 2000  |  BC Extra | Financial News

Diversa ready for take-off

Diversa (San Diego, Calif.), which is identifying and optimizing enzymes from extremophile microorganisms, amended its IPO filing to raise $140-$154 million through the sale of 7 million shares at $20-$22. The company originally filed on...
12:00 AM, Feb 09, 2000  |  BC Extra | Financial News

Alkermes proposes note offering

ALKS proposed to raise $150 million through the sale of convertible subordinated notes, with a $50 million overallotment option. The notes will mature in 2007 and will convert into ALKS stock at a to-be-determined price....
12:00 AM, Feb 09, 2000  |  BC Extra | Financial News

NeoRx raises $4 million

NERX raised $4 million through the sale of shares it held in Angiotech (TSE:ANP). NERX received the ANP shares in 1998 when it licensed its paclitaxel technology to ANP for non-cancer indications. NERX said that...
12:00 AM, Feb 09, 2000  |  BC Extra | Financial News

Vasogen raises C$14.4 million

Vasogen (TSE:VAS) raised C$14.4 million (US$10 million) through the sale of 1.6 million special warrants at C$9 (US$6.25) per warrant. Each special warrant is exercisable into one VAS share at no additional cost. The company...
12:00 AM, Feb 09, 2000  |  BC Extra | Financial News

Affymetrix raises $175 million

AFFX raised $175 million through the sale of convertible subordinated notes. The notes bear 4.75 percent interest, mature in 2007 and convert into AFFX stock at $321 per share. AFFX closed Tuesday at $264.75....
12:00 AM, Feb 09, 2000  |  BC Extra | Financial News

Lexicon, Praecis, Exelixis file IPOs

Lexicon (The Woodlands, Texas), which generates knockout mice, filed to raise up to $100 million. The offering will be underwritten by J.P. Morgan; Credit Suisse First Boston; Dain Rauscher Wessels; and Punk Ziegel. Praecis (...
12:00 AM, Feb 08, 2000  |  BC Extra | Financial News

deCode pondering IPO

deCode Genetics (Reykjavik, Iceland) apparently is exploring the idea of selling an IPO on NASDAQ, on the heels of receiving a government license to create and operate a national medical and genetic database for Iceland...
12:00 AM, Feb 08, 2000  |  BC Extra | Financial News

Adolor files for IPO

Adolor (Malvern, Penn.), which is developing therapeutics to treat pain, filed to raise $72-$84 million through the sale of 6 million shares at $12-$14 per share. The IPO will be underwritten by Warburg Dillon Read;...
12:00 AM, Feb 08, 2000  |  BC Extra | Financial News

Martek raises $10.25 million

MATK raised $10.25 million through the sale of 845,652 shares at $12.12 per share. Investors also received three-year warrants to purchase 253,695 MATK shares at $14.55. The company previously raised $10.25 million in a 1998...
12:00 AM, Feb 08, 2000  |  BC Extra | Financial News

Tuesday market watch

A good day for biotech issues pushed the BioCentury 100 up 4.3 percent to 2998.26, with advancing issues outpacing decliners 67 to 25. Tuesday's movers included genome mapper CuraGen (CRGN), which popped $34.125 (38 percent)...

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