Home » ADVANCED LIFE IPO PRICES AT $5/SHR-UNDERWRITER
ADVANCED LIFE IPO PRICES AT $5/SHR-UNDERWRITER
Advanced Life Sciences Holdings Inc. (ADLS.O: Quote, Profile, Research), a U.S. antibiotic drugmaker, on Thursday priced an initial public offering of 7 million shares at $5 a share, below its revised pricing range, said the underwriter. The Woodridge, Illinois-based company last week cut the expected price of its planned IPO to $8 to $9 per share from $11 to $13 a share and increased the size of the offering to 5 million shares from 4.5 million shares.
KEYWORDS FDAnews Drug Daily Bulletin
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