comparemela.com

Pharsight Corp News Today : Breaking News, Live Updates & Top Stories | Vimarsana

FHND6091, a novel oral proteasome inhibitor

Dr Nidal Huniti joins A2PG as President

Drug development services firm Certara raises $670 million in IPO

2 Min Read (Reuters) -U.S. drug development consultancy Certara Inc said on Thursday it sold shares in its initial public offering at $23 apiece, above its target range, to raise about $670 million. The IPO valued Certara, which is owned by Stockholm-based private equity firm EQT, at $3.5 billion. Certara said it sold 29.1 million shares after it had aimed to sell 24.4 million shares at a target price range of $19-$22 each. The Princeton, New Jersey-based company was formed in 2008 after biotechnology firm Tripos International acquired Pharsight Corp. Certara provides pharmaceutical companies with computer-based drug trials using virtual patients rather than human beings - a technology known as “biosimulation.”

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.