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Advanced BioHealing plans $200M IPO

Thu, 05/05/2011 - 12:38pm
Mass High Tech: The Journal of New England Technology

Advanced BioHealing Inc., a developer of cell-based regenerative skin therapy, has filed terms of an initial public offering, for which it plans to raise about $200 million.

The amended regulatory filing outlined the company’s plan to offer 8.35 million common stock shares, with shareholders selling another 5 million, priced between $14 and $16 per share. If it succeeds in reaching its maximum public offering, Westport, Conn.-based Advanced BioHealing could bring in $213.6 million.

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