Lion Seeks to Raise up to $189M in IPO | GenomeWeb

German bioinformatics company Lion Bioscience plans to raise 160 million euros to 200 million euros ($155.6 million - $189.4 million) in an initial public offering that will take place in Germany and the United States.

The company said it would issue a total of 4.57 million shares on the Neuer Markt and on the Nasdaq in the form of American depository shares. The offering is scheduled to take place on July 26.

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