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MediciNova completes $113.4mm IPO

Executive Summary

MediciNova (focused primarily on developing compounds for urological and gynecological conditions) has netted $113.4mm (Y11.9bn) with its initial public offering of 31.6mm shares (including the overallotment) priced at $3.88 each. The company, which exceeded its hopes of bringing in $100mm, sold shares to Japanese and other ex-US investors and is now listed on the Hercules Market of the Osaka Securities Exchange
Deal Industry
  • Biotechnology
    • Drug Discovery Tools
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • IPO

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