Vital Therapies prices $54M IPO

Vital Therapies once again lowers the bar on its initial public offering, pricing the flotation at $12 per share.

Vital Therapies priced its initial public offering at $12 per share, once again lowering the bar for its 1st public flotation after scuttling its 1st try at a U.S. IPO.

Vital Therapies, which is developing a bio-artificial liver, last October set the IPO's price range at $16-$18. But the San Diego-based company but shelved the offering until March, when it set the range at $13-$15 per share.

NASDAQ, Vital Therapies

News Well, Artificial Organs, Initial Public Offering (IPO), Wall Street Beat

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