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

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To: Icebrg who wrote (4489)9/29/2005 10:05:13 AM
From: sjemmeriRead Replies (1) of 4974
 
9/29/2005 GHDX
Diagnostic test maker Genomic Health prices shares at $12
Genomic Health, a life science company developing genomic-based clinical diagnostic tests for cancer, priced 5.0 million shares at $12, the low end of its proposed $12-$14 range. The company currently markets a test targeting early stage breast cancer patients and has performed 3,000 such tests so far this year. J.P. Morgan and Lehman Brothers were the underwriters on the deal. Expect the stock to begin trading today on the NASDAQ under the symbol "GHDX."

9/29/2005 AVRX
Biotech Avalon Pharmaceuticals prices at $10.50
Avalon Pharmaceuticals, a genomics company developing small molecule therapies for the treatment of cancer, priced its IPO of 2.75 million shares at $10.50, within its proposed $10 to $12, on Thursday morning. The IPO was performed in the auction-based "Open IPO" process led by WR Hambrecht. The stock is expected to begin trading on the NASDAQ under the ticker AVRX on Thursday
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