Thursday, April 26, 2007

UPDATE1-Biodel says IPO of 5 mln shares expected at $14-$16/shr

(Reuters) - The Danbury, Connecticut-based company said in an amended filing with the U.S. Securities and Exchange Commission that Morgan Stanley & Co. Inc., Banc of America Securities LLC, Leerink Swann & Co. Inc., Natexis Bleichroeder Inc. were underwriting the IPO.

The underwriters will have an option to buy an additional 750,000 shares to cover over-allotments, the developer and marketer of treatments for endocrine disorders such as diabetes and osteoporosis said.


Read more at Reuters.com Bonds News

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