ARTICLE | Finance
Clovis cashes in
Cancer play Clovis is largest biotech IPO in almost two years
November 21, 2011 8:00 AM UTC
The largest biotech IPO in almost two years made it out the door last week, despite a volatile market. Clovis Oncology Inc. raised $130 million in an offering that valued the company at $279.1 million.
The last therapeutics company to raise more was gastro-intestinal play Ironwood Pharmaceuticals Inc. (NASDAQ:IRWD) with its $215.6 million debut in February 2010...