Amicus Therapeutics (FOLD) IPO Trades Higher

May 31, 2007 10:46 AM EDT

The IPO Amicus Therapeutics (Nasdaq: FOLD) is open for trading. The stock is trading at $16.34 after pricing at $15.00, the middle of the expected $14.00-16.00 range.

Morgan Stanley & Co. Incorporated and Merrill Lynch & Co. served as joint book-runners for the offering, with J.P. Morgan Securities Inc., Lazard Capital Markets LLC, and Pacific Growth Equities, LLC acting as co-managers.

Amicus Therapeutics is a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of novel small molecule, orally-administered drugs, known as pharmacological chaperones, for the treatment of a range of human genetic diseases.


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FOLD 10.62

-0.96 -8.29%
Volume: 36,899
Track FOLD


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