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12:00 AM, Mar 27, 2000  |  BC Extra | Financial News

Achillion raises $17 million

Achillion (New Haven, Conn.), which is developing antivirals using both medicinal chemistry and its Zinc Finger Targeting drug discovery technology, raised $17 million. Schroder Ventures; Atlas Venture; Advent International; and Connecticut Innovations participated in the...
12:00 AM, Mar 27, 2000  |  BC Extra | Financial News

Weston seeks LSE listing

Drug delivery company Weston Medical (Eye, U.K.) plans to list on LSE. The company plans to raise 25 million- 30 million ($39.9 million-$47.8 million) and will have a market cap of 100 million ($159.4 million)....
12:00 AM, Mar 27, 2000  |  BC Extra | Financial News

Onyx files for follow-on

ONXX filed to sell 2.5 million shares, underwritten by U.S. Bancorp Piper Jaffray; Chase H&Q; and CIBC World Markets. The company develops cancer therapies based on its selectively replicating virus technology platform. ONXX was down...
12:00 AM, Mar 27, 2000  |  BC Extra | Financial News

BioStratum raises $28 million

BioStratum ( Research Triangle Park, N.C.), a developer of therapeutics based on basal lamina research, raised $28 million in a venture financing round. The investors included HealthCap; Equity Resources Group; BankInvest; Mellon Holdings; and MP...
12:00 AM, Mar 23, 2000  |  BC Extra | Financial News

Arius completes IPO

Arius Research (Toronto, Ontario) raised C$5 million (US$3.4 million) in an IPO of 1 million common shares plus 1 million class B warrants through Thomas Kernaghan & Co., which will have a 100,000 share compensation...
12:00 AM, Mar 23, 2000  |  BC Extra | Financial News

Diacrin raises $34.5 million

DCRN raised $34.5 million through a public offering of 3 million shares at $11.50 a share. PaineWebber and Nomura are the underwriters. DCRN was up $0.938 to $12.75 on Thursday....
12:00 AM, Mar 23, 2000  |  BC Extra | Financial News

GZMO announces follow-on

Genzyme Molecular Oncology proposed to sell 3 million shares. SG Cowen; PaineWebber; and Chase H&Q are the underwriters. GZMO was down $2.75 (11 percent) to $21.50 on Thursday....
12:00 AM, Mar 22, 2000  |  BC Extra | Financial News

MorphoSys downgraded

Close Brothers analysts downgraded their short-term rating of MorphoSys (NMarkt:MOR) to "hold" from "buy", based on the phage display company's high stock price and the turbulent biotech market. MOR closed Wednesday at EUR305 ($296.50), down...
12:00 AM, Mar 21, 2000  |  BC Extra | Financial News

Aclara prices IPO

ACLA, which is developing microfluidic chips, raised $189 million in its IPO, selling 9 million shares at $21 per share. ACLA was up $11.125 (53 percent) to $32.125 on Tuesday....
12:00 AM, Mar 21, 2000  |  BC Extra | Financial News

Enzon raises $89 million

ENZN sold 2 million shares at $44.50 in a follow-on offering underwritten by Morgan Stanley Dean Witter; CIBC World Markets; and SG Cowen. The offering has a 300,000-share overallotment option. ENZN was up $1.063 to...

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