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Oncobiologics prices IPO at $6, as expected

May 13, 2016
ONS

Oncobiologics, which is developing biosimilars of blockbuster drugs Humira and Avastin, raised $35 million by offering 5.8 million units at $6.

Oncobiologics plans to list on the Nasdaq under the symbol ONS. Jefferies and Barclays acted as lead managers on the deal.