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Feeling anemic? Biotech FibroGen prices IPO at $18, toward the top of the range

November 13, 2014

FibroGen, a biotech backed by Astellas and AstraZenec developing therapies for anemia and fibrosis, raised $146 million by offering 8.1 million shares at $18, toward the top of the $16 to $19 range. FibroGen plans to list on the NASDAQ under the symbol FGEN. Goldman Sachs, Citi and Leerink Partners acted as lead managers on the deal.