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Friday, 03/30/2007 1:57:47 PM

Friday, March 30, 2007 1:57:47 PM

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Quark Biotech known as QBI, files for IPO at Nasdaq. CEO Daniel Zurr said last month they want to raise $70 at a value of $300.


Quark Biotech, which develops RNA interference-based therapeutics for the treatment of diseases associated with oxidative stress, filed for IPO Friday. JPMorgan and Banc of America are bookrunning the deal. Terms have not yet been announced.

http://www.ipohome.com/common/ipoprofile.asp?ticker=QURK

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