Obesity biotech Zafgen files for a $86 million IPO

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Zafgen, a clinical-stage biotech developing a treatment for obesity, filed on Friday with the SEC to raise up to $86 million in an initial public offering. The Cambridge, MA-based company, which was founded in 2005, plans to list on the NASDAQ under the symbol ZFGN. Zafgen initially filed confidentially on January 31, 2014. Leerink Partners and Cowen & Company are the joint bookrunners on the deal. No pricing terms were disclosed.



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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