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Biotech / Medical : PSDV - pSivida Limited

PSDV 1.220

+14.0%

Mar 29 5:00 PM EST

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To: John McCarthy who wrote (239)	11/2/2009 2:05:23 PM
From: John McCarthy	of 421

Alimera Sciences refiles for IPO November 2, 2009 ATLANTA - Alimera Sciences Inc., an ophthalmic pharmaceutical firm, has refiled for an $80 million initial public offering of stock. The company withdrew registration for a $75 million IPO earlier this year due to market conditions at the time. Alimera is developing prescription and over-the-counter treatments for diseases that affect the eyes. It sold two over-the-counter allergy products and a eye lubricating product to Bausch & Lomb for $16.7 million. The company has raised more than $71 million in venture backing since 2004. Investors include Scale Venture Partners, Domain Associates, Intersouth Partners, Polaris Venture Partners, and Venrock Associates. All but Venrock have 18.44 percent pre-IPO stakes. Venrock's stake is for 14.93 percent of the company. Alimera plans to trade on the Nasdaq exchange under the ticker symbol "ALIM." Online: www.alimerasciences.com techjournalsouth.com blogs.wsj.com

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