Biotechnology Value Fund, L.P. Message Board

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

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To: rkrw who wrote (4641)	11/22/2006 1:30:07 PM
From: dr.praveen	Read Replies (1) of 4974

Synta...Help..Push me out of the gate :-) Synta files $115M IPO Perhaps buoyed by a string of positive data, Synta Pharmaceuticals is filing a $115 million IPO despite the risky biotech IPO climate. The Lexington, MA biotech has yet to determine the number of shares to be offered and the price range for the offering. Earlier this month the FDA granted Synta fast-track status for its lead oncology drug candidate, STA-4783. Synta is developing small molecule drugs for a number of indications, including cancer and chronic inflammatory diseases.

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