Audeo Oncology postpones $49 million IPO

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Audeo Oncology, which is developing a combination therapy in Phase 3 trial for metastatic colorectal cancer, postponed its IPO on Thursday, citing poor market conditions. The San Francisco, CA-based company was founded in 2006 and has yet to generate product revenue. Leerink Swann and Oppenheimer & Co. were set to be the joint bookrunners on the deal.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , IPOs

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