Relive the excitement of the Patriots’ path to their fourth Super Bowl Championship with “Pumped”, a special commemorative book from The Boston Globe. Order now.

Around the Region

Bind of Cambridge files for IPO

Continue reading below

Cambridge biotechnology company Bind Therapeutics Inc., which is developing a class of programmable drugs to fight lung cancer, prostate cancer, and other diseases, registered Monday for an initial public offering to raise up to $80.5 million.

Bind becomes the eighth Massachusetts biotech to file an IPO registration statement in 2013. Five state biotech start-ups had gone public through the end of July, and Foundation Medicine of Cambridge, a supplier of genomic testing for cancer patients, filed plans to raise $86.2 million. Last week, Acceleron Pharma Inc. of Cambridge, which is developing treatments for rare blood disorders, registered for an IPO that could raise $74.8 million.

In its filing with the Securities and Exchange Commission, the company said it had already raised $94.7 million to fund its operations and accumulated a deficit of $82.5 million through March 31. The company filed to be listed on the Nasdaq stock exchange with the ticker BIND.

Robert Weisman can be reached at weisman@globe.com. Follow him on Twitter @GlobeRobW.
Loading comments...

Wake up with today's top stories.

Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
or
Please enter a valid email
BostonGlobe.com will never post anything without asking. Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com