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Digene withdraws registration for follow-on

Executive Summary

Digene Corp. (DNA diagnostics) withdrew its proposed follow-on offering because of market conditions; during the five weeks between registration and withdrawal, the share price had fallen along with most technology stocks, losing about 60%.
Deal Industry
  • In Vitro Diagnostics
  • In Vitro Diagnostics
    • Molecular Diagnostics & Genetic Testing
  • Biotechnology
    • Drug Discovery Tools
      • Genomics-Proteomics
Deal Status
  • Withdrawn
Deal Type
  • Financing
    • FOPO

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