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Pacific Biosciences nets $186mm via its IPO

Executive Summary

Just two months after filing, Pacific Biosciences of California Inc. (PacBio; tools for synthesis and regulation of DNA, RNA, and proteins) has completed its initial public offering, becoming the first US life sciences company to go public this year. PacBio sold 12.5mm common shares at $16 each (the mid-point of its proposed price range), netting $186mm.
Deal Industry
  • In Vitro Diagnostics
  • Pharmaceuticals
  • Research, Analytical Equipment & Supplies
  • In Vitro Diagnostics
    • Molecular Diagnostics & Genetic Testing
  • Biotechnology
    • Pharmacogenetics-Pharmacogenomics
    • Drug Discovery Tools
      • Genomics-Proteomics
Deal Status
  • Final
Deal Type
  • Financing
    • IPO

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