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Rosetta Genomics plans to offer more shares at lower range

February 14, 2007

Early stage biotech firm focused on developing microRNA-based diagnostic and therapeutic products, Rosetta Genomics, revised the terms for its IPO Wednesday morning. The company increased the shares offered by 25% to a total of 3.75 million shares, but will be offering them in the range of $7.50-$8.50 which is 33% below its originally filed range of $11.00-$13.00. CE Unterberg Towbin is the lead manager on the deal.