Biotech Values

[DewDiligence]

BFRM – Another cosmeceutical company has IPO’d.
Unlike ARTE, BFRM has a dermal filler (Radiesse)
that I have heard only good things about. However,
the offering price had to be cut to get the IPO off.

http://www.reuters.com/article/marketsNews/idUKWEN240920071106

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Bioform Medical IPO Raises $80M, Below Expectations

Tue Nov 6, 2007 6:35pm EST

NEW YORK, Nov 6 (Reuters) - Bioform Medical Inc raised $80 million on Tuesday with an initial public offering that priced below a forecast range.

The offering of 10 million shares priced at $8 each, compared with a forecast range of $9 to $11, according to an underwriter.

Underwriters, led by JPMorgan Chase, have the option to purchase an additional 750,000 shares to cover over-allotments.
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