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BioWorld - Friday, November 22, 2024
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» Rib-X Skips IPO, Opts for $67.5M Equity Financing
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Rib-X Skips IPO, Opts for $67.5M Equity Financing
Nov. 30, 2012
By
Catherine Shaffer
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Rib-X Pharmaceuticals Inc. walked back from its proposed initial public offering (IPO) filed almost exactly a year ago, arranging instead for a $67.5 million Series 2 preferred stock financing led by a new investor, Vatera Healthcare Partners.
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