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OncoMed Pharmaceuticals Inc to Sell 4 Million Shares in IPO-DJ

Wednesday, 3 Jul 2013 06:42am EDT 

Dow Jones reported that OncoMed Pharmaceuticals Inc expects to sell 4 million common shares in its initial public offering. The development-stage biopharmaceutical company first filed plans for an estimated IPO of up to $115 million in May 2012 to fund research and drug discovery activities, working capital and general corporate expenses. The estimated size of the offering is used to set the registration fee and could change materially as the offer progresses. OncoMed is focused on discovering and developing monoclonal antibody therapeutics targeting cancer stem cells. OncoMed has applied to list on the Nasdaq Global Market under the symbol OMED. 

Company Quote

0.3 +1.42%
19 Dec 2014