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Biotech / Medical : Biotechnology Value Fund, L.P.

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To: mopgcw who wrote (4567)1/19/2006 9:37:52 AM
From: sjemmeri of 4974
 
1/18/2006 OMRI
Biotechnology concern Omrix files for IPO
Omrix Biopharmaceuticals, a developer of biosurgical and passive immunotherapy products, registered for an initial public offering Wednesday evening. For the twelve-month period ended September 2005, the NY based company generated nearly $25 million in sales with a gross margin of 21.3%. UBS Investment Bank and CIBC World Markets head the list of underwriters on the deal. Terms and timing have yet to be decided.
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