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Biotech / Medical : Biotech Lock-Up Expiration Hell Portfolio

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To: tuck who wrote (657)3/11/2002 9:24:08 AM
From: nigel bates   of 1005
 
More grist for the mill -

SAN DIEGO, March 11 /PRNewswire/ -- MitoKor announced today that it has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. All of the offered shares will be sold by MitoKor. The underwriters for the offering will be RBC Capital Markets, Lazard, Legg Mason Wood Walker Incorporated and Gerard Klauer Mattison.
MitoKor is focused on the discovery and development of drugs for the treatment of major diseases and conditions associated with mitochondrial dysfunction. Management intends to use the net proceeds of the offering for working capital and other general corporate purposes, including potential acquisitions of products, technologies or companies...

Worth keeping an eye on, possibly.

nig
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