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French drug delivery technology company Flamel does US IPO

Executive Summary

French drug delivery company Flamel Technologies SA has gone public in the US, raising net proceeds of $26.6mm by selling 2.4mm American Depository Shares at $12 per share. The company's CEO, as a selling shareholder, placed an additional 120,000 ADSs.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • IPO

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