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Financings in Brief: Epix Medical

This article was originally published in The Gray Sheet

Executive Summary

Epix Medical: Cambridge, Massachusetts-based developer of magnetic resonance imaging contrast agents, formerly called Metasyn, files registration statement with the Securities and Exchange Commission for an initial public offering of up to 2 mil. shares. Epix' lead product is MS-325, an injectable agent for vascular imaging currently in clinical trials. Proceeds from the IPO will support "research and development, clinical trials, working capital requirements and other general corporate purposes," the firm says. Hambrecht & Quist and Wessels, Arnold & Henderson are co-managing...

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