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Israeli CNS company Alcobra completes $23.3mm US IPO

Executive Summary

Alcobra Ltd. (therapeutics for cognitive dysfunction disorders) netted $23.3mm in its US initial public offering. The Israeli firm sold 3.1mm ordinary shares--more than the 2.3mm planned--for $8, a haircut against the anticipated $10-12 price range.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • IPO

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