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ARTICLE | Financial News

Cellular Dynamics sets IPO range

July 11, 2013 12:02 AM UTC

Cellular Dynamics International Inc. (Madison, Wis.) amended its IPO and said it plans to sell 3.8 million shares at $12-$14 per share. At the $13 midpoint, the company would raise $50 million and be valued at $204.6 million. Cellular Dynamics filed to raise up to $57.3 million in the offering in June. JPMorgan; Cowen; and Leerink are underwriters ...