Article: Emergent, ActivBiotics File For IPOs In Stingy Market.

Senior Staff Writer

Two companies - Gaithersburg, Md.-based Emergent BioSolutions Inc., and Lexington, Mass.-based ActivBiotics Inc. - filed for their IPOs this week, hoping to raise as much as $86.25 million and $46 million, respectively. Both companies were in SEC-imposed quiet periods Tuesday. If their IPOs are completed, their stocks would be listed on the Nasdaq National Market under "EBSI" for Emergent and "ACTV" for ActivBiotics.

They join 14 other biotech firms in line to go public. According to BioWorld Industry Snapshots, in the first seven months of this year, the industry has conducted 18 IPOs, raising a total of $824.5 million for an ...

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