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Radius Health (RDUS) withdraws its plans for an initial public offering, citing general market...

Radius Health (RDUS) withdraws its plans for an initial public offering, citing general market conditions. The biopharmaceutical firm announced plans for an $86M IPO in February, looking to use the proceeds to fund the clinical development of its most advanced product candidates. The IPO was slated to launch in the last week of October, but was pushed back into election week amid the disruption of superstorm Sandy, then rescheduled again as markets fell following the U.S. vote.
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