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Aveo Pharmaceuticals Floats NASDAQ IPO

Tuesday, March 16, 2010 5:36:00 AM PDT | VentureDeal Staff

Cambridge, Massachusetts  --  Cancer therapeutics company Aveo Pharmaceuticals went public last week, raising a gross proceeds of $81 million in its initial public offering (IPO).

Aveo says that it is focused on "the discovery and development of novel cancer therapeutics."

The company boasted a large number of institutional venture capital, private equity and strategic investors.

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