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Dura's new funding vehicle Spiros II completes IPO

Executive Summary

Spiros Development Corp. II, the financing vehicle Dura Pharmaceuticals formed 9/97 to fund development of its Spiros dry powder pulmonary drug delivery systems, raised net proceeds of $81.8mm in an IPO of 5.5mm units at $16 per unit.
Deal Industry
  • Medical Devices
  • Pharmaceuticals
    • Drug Delivery
      • Pulmonary
Deal Status
  • Withdrawn
Deal Type
  • Financing
    • Special-Purpose Financing Vehicle

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