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Israeli biotech D-Pharm completes IPO on TASE
19 Aug 2009
Executive Summary
D-Pharm (small-molecule lipid analogs) has raised NIS85mm ($23mm) in a concurrent initial public offering on the Tel Aviv Stock Exchange, which was oversubscribed and brought in NIS28mm, and a rights offering of NIS57mm. Through both financings a total of 639k shares were sold for NIS133, 13% higher than the low end of the price range.
Deal Industry
- Biotechnology
- Pharmaceuticals
Deal Status
- Final
Deal Type
-
Financing
- IPO
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