
Portola Pharmaceuticals nets $131mm in initial public offering
Executive Summary
Portola Pharmaceuticals Inc. (hematological and inflammatory disorders) has netted $131mm in its initial public offering. The company ended up selling 9.7mm shares (including the overallotment)--more than the 6.9mm planned--and priced the stock at $14.50, the mid-point of its $13-16 range.
Deal Industry
- Biotechnology
- Pharmaceuticals
Deal Status
- Final
Deal Type
-
Financing
- IPO
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