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Sucampo Pharmaceuticals (SCMP) Sees IPO Pricing Between $14-16 Per Share

July 17, 2007 7:57 AM EDT
SCMP Hot Sheet
EPS Growth %: +140.0%
Sucampo Pharmaceuticals (Nasdaq: SCMP) filed an amended statement with the SEC for an initial public offering of its common stock. The proposed maximum aggregate offering price is $69 million. The Company currently expect the initial public offering price per share of common stock will be between $14.00 and $16.00. The company plans to list on the Nasdaq under the symbol "SCMP".

The offering is being made through Cowen and Company, CIBC World Market and Leerink Swann & Company.

Sucampo Pharmaceuticals, Inc. is an emerging pharmaceutical company focused on the discovery, development and commercialization of proprietary drugs based on prostones, a class of compounds derived from functional fatty acids that occur naturally in the human body.

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