Advancis CEO Rudnic Defends IPO Move

Tunick, Britt Erica
November 2003
Investment Dealers' Digest;11/24/2003, Vol. 69 Issue 45, p11
Trade Publication
Clarifies the initial public offering move of Advancis Pharmaceutical Corp. chief executive Edward Rudnic. Criticism of Advancis' lead underwriter, Lehman Brothers, for pricing the deal just as biotechnology fell out of favor; Ability of the company to execute its offering; Factors keeping the deal alive.


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