Mass. Biopharma Co. Launches IPO That Could Raise $120M

By Adam Rhodes (February 19, 2019, 6:00 PM EST) -- Clinical-stage biotech company Kaleido Biosciences launched an initial public offering Tuesday that could raise nearly $120.5 million if the offering is priced at the top of a projected range and if the Lexington, Massachusetts-based company's underwriters buy all the shares available to them....

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