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Replies to post #161308 on Biotech Values
mcbio
05/18/13 11:29 PM
#161310 RE: biocqr #161308
UPDATE: Esperion Therapeutics wants to go public too. This week the Plymouth, MI-based drug developer filed for a maiden public offering to raise up to $70 million. The company comes to the table with a cholesterol-lowering drug called ETC-1002, which has completed early midstage trials. This is the new Esperion. Pfizer acquired the old Esperion in 2004. Afterward, entrepreneurs formed Esperion and grabbed rights to ETC-1002 from Pfizer, which had acquired the compound in the buyout of the original Esperion.