In Brief: Transkaryotic Therapies
Executive Summary
Transkaryotic Therapies: Initial public offering would consist of 2.5 mil. shares at $13-$15 per share, Cambridge, Mass.-based Transkaryotic announces Aug. 27. Morgan Stanley, UBS Securities and Pacific Growth Equities will underwrite the IPO. Transkaryotic has "two proprietary technology platforms," the company says: gene activation and a non-viral, ex vivo gene therapy system. Clinical trials of gene-activated erythropoietin are scheduled to begin in the first half of 1997 under a collaboration with Hoechst Marion Roussel...