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Chemistry services provider, Array Biopharma, cuts range for IPO scheduled to price Thursday

November 16, 2000

Array Biopharma, a provider of drug lead generation and optimization chemistry services to pharmaceutical and biotech firms for small-molecule drug discovery, cut the range for its 6 million share offering, which is scheduled to price Thursday for trading Friday, from $9-$11 to $8-$9. Lehman Brothers is the lead underwriter for this deal.