Article: Novirio Looks To Go Public, Files For Estimated $115M IPO.

Senior Staff Writer

Novirio Pharmaceuticals Ltd. filed for its initial public offering, seeking $115 million and proposing the ticker symbol IDIX.

Cambridge, Mass.-based Novirio is developing antiviral therapies for hepatitis and HIV infection. It focuses on nucleoside chemistry and biology. The company was founded in 1998 and has raised more than $69 million from U.S., European and Asian investors, including a $44 million Series C round in May 2001. (See BioWorld Today, May 8, 2001.)

The offering is being co-led by Goldman Sachs & Co., of New York, and Banc of America Securities LLC, of San Francisco. Also participating are JP Morgan Securities ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!