VC-backed Flexion Therapeutics raises $65 mln for IPO
Flexion Therapeutics debuted its IPO after having priced its offering of 5 million shares at $13 per share. The stock began trading Wednesday on the NASDAQ under the ticker symbol "FLXN." BMO Capital Markets and Wells Fargo Securities are the lead underwriters. Based in Burlington, Mass., Flexion is a pharmeceutical company developing treatments for musculoskeletal disorders. Its backers include Versant Ventures, Sofinnova Capital, Pfizer, 5AM Ventures and Novo.
12 February 2014•2 mins read
