Orphan disease biotech Versartis files for a $80 million IPO


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Versartis, a biotech developing long-acting treatments for growth hormone deficiency, filed on Tuesday with the SEC to raise up to $80 million in an initial public offering. The Redwood City, CA-based company was founded in 2008. Versartis initially filed confidentially on January 10, 2014. Morgan Stanley and Citi are the joint bookrunners on the deal. No pricing terms were disclosed.

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