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November 1st, 2007

Nanosphere Prices Low

Abstract:
Nanosphere Inc., a Northbrook, Ill.-based molecular diagnostics company with a nanotech-based platform to enable earlier disease detection and treatment, raised $98 million in its IPO. The company priced seven million common shares at $14 per share ($14-$16 range), for an initial market cap of approximately $295 million. It will trade on the Nasdaq under ticker symbol NSPH, while Lehman Brothers served as lead underwriter.

Source:
pehub.com

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