Elixir Pharmaceuticals plans $86.25 mln IPO
WASHINGTON, Sept 21 |
WASHINGTON, Sept 21 (Reuters) - Elixir Pharmaceuticals Inc, which focusses on treating metabolic diseases such as diabetes and obesity, said on Friday it is planning an initial public offering of up to $86.25 million in common stock.
It has hired Credit Suisse, Pacific Growth Equities LLC and Leerink Swann to underwrite the IPO, according to a preliminary offering document filed with the Securities and Exchange Commission.
The Cambridge, Massachusetts-based company is seeking a Nasdaq listing under the symbol "ELXR."
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