Eye disease biotech Eleven Biotherapeutics files for a $69 million IPO


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Eleven Biotherapeutics, a clinical-stage biotech developing protein therapeutics to treat eye diseases, filed on Monday with the SEC to raise up to $69 million in an initial public offering. The Cambridge, MA-based company, which was founded in 2008 and booked $1 million in collaboration revenue for the 12 months ended September 30, 2013, plans to list on the NASDAQ under the symbol EBIO. Eleven Biotherapeutics initially filed confidentially on November 7, 2013. Citi, Cowen & Company and Leerink Swann are the joint bookrunners on the deal. No pricing terms were disclosed.

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