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Tengion completes its IPO
27 Apr 2012
Executive Summary
Four months after filing, Tengion Inc. (regenerative medicine) has netted $28mm through its initial public offering of 6mm common shares at $5 each. The company had originally hoped to bring in $46mm, but then lowered its expectations to $41mm. Just last month it said it would sell 4.44mm shares for up to $10 apiece.
Deal Industry
- Pharmaceuticals
-
Medical Devices
- Implantable Devices
-
Biotechnology
- Gene Therapy, Cell Therapy
Deal Status
- Final
Deal Type
-
Financing
- IPO
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