BG Medicine (BGMD) IPO Gets Priced, But at a Cost

February 4, 2011 9:43 AM EST Send to a Friend
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BG Medicine (NASDAQ: BGMD) priced its 5,000,000 share initial public offering at $7, in-line with the expected price, which was cut recently from a range of $13-$15. Shares will open today on the NASDAQ under the symbol "BGMD."

The sole bookrunning manager is Lazard Capital Markets LLC.

BG Medicine is a life sciences company focused on the discovery, development, and commercialization of novel diagnostics based on biomarkers to improve patient outcomes and contain healthcare costs.


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