TITLE

Targanta Seeks $86M In IPO For Antibiotic Development

AUTHOR(S)
Morrison, Trista
PUB. DATE
May 2007
SOURCE
BioWorld Today;5/15/2007, Vol. 18 Issue 94, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the planned initial public offering (IPO) of Cambridge, Massachusetts-based Targanta Therapeutics Corp. As the biotechnology firm prepares to file a new drug application for its antibiotic oritavancin in the first quarter of 2008, it has filed to raise $86.25 million in an IPO. Its preliminary prospectus indicate that proceeds primarily would support oritavancin.
ACCESSION #
25091157

 

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