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Mapi-Pharma postpones $18 million IPO

July 29, 2014

Mapi-Pharma, which is developing extended-release formulations of existing drugs and generics, postponed its IPO on Tuesday. The Ness Ziona, Israel-based company was founded in 2008 and planned to list on the NASDAQ under the symbol MAPI. Aegis Capital was set to be the sole bookrunner on the deal.