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

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To: sjemmeri who wrote (4507)11/9/2005 3:28:29 PM
From: sjemmeriRead Replies (1) of 4974
 
11/9/2005 CRXX
CombinatoRx prices at low end of revised range
CombinatoRx, which is developing medicines built from synergistic combinations of approved drugs, priced its IPO of 6 million shares at $7 on Wednesday morning. The pricing came in at the low end of the company's downwardly revised range of $7 to $9. CombinatoRx's original price range was $10 to $12. SG Cowen was the lead underwriter on the deal. The stock is expected to begin trading on the NASDAQ under the ticker CRXX later on Wednesday.
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