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BioNotebook: 3 IPOs launch, 2 file; AMAG 4Q earnings; Repros FDA update

 
• By Mandy Jackson

On their first day as public companies, Egalet broke even, Eleven Biotherapeutics gained 8.5% and Revance Therapeutics closed 67.8% above its initial public offering price on 6 February.

On their first day as public companies, Egalet broke even, Eleven Biotherapeutics gained 8.5% and Revance Therapeutics closed 67.8% above its initial public offering price on 6 February.

Malvern, Pennsylvania-based Egalet launched its IPO at $12 per share for gross proceeds of $50.4m on 5 February, and on the following day the extended-release pain drug developer's stock closed...

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