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Targacept files for and later withdraws its IPO

Executive Summary

Targacept (primarily focused on neurological disorders) had filed for its initial public offering in May 2004, looking to raise up to $82mm. It has since postponed the offering citing market conditions.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Withdrawn
Deal Type
  • Financing
    • IPO

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