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Financings In Brief: EntreMed

Executive Summary

EntreMed: Issues 3.2 mil. shares at $15 per share in initial public offering June 12, netting proceeds of more than $43.4 mil. Bristol-Myers Squibb will buy an additional 333,333 shares at $15 in private placement as part of its collaboration with the Rockville, Md.-based blood and blood vessel therapy R&D firm. The offering was managed by Allen & Co., Dillon Read and Volpe Welty...
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