Dermatology biotech Dermira files for a $75 million IPO

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Dermira, a late-stage biotech developing treatments for psoriasis and other skin conditions, filed on Wednesday with the SEC to raise up to $75 million in an initial public offering. 

The Redwood City, CA-based company, which was founded in 2010, plans to list on the NASDAQ under the symbol DERM. Rhythm Pharmaceuticals initially filed confidentially on June 26, 2014. Citi and Leerink are the joint bookrunners on the deal. No pricing terms were disclosed.

The article Dermatology biotech Dermira files for a $75 million IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital, the Renaissance IPO ETF (symbol: IPO) or the Global IPO Fund (symbol: IPOSX) , may have investments in securities of companies mentioned.




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.




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