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Canadian biotech Oncolytics raises $2.3mm in IPO
Oct 1999
Executive Summary
Synsorb Biotech's subsidiary Oncolytics Inc. of Calgary, Alberta (developing a reovirus as a cancer treatment) has grossed $2.3mm ($Cdn3.4mm) in its initial public offering in Canada. It sold 4mm common shares at $Cdn0.85 apiece.
Deal Industry
- Biotechnology
- Pharmaceuticals
Deal Status
- Final
Deal Type
-
Financing
- IPO
- Spin-Off
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Canadian biotech Oncolytics raises $2.3mm in IPO
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