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Cetus Corp goes public in landmark biotech offering
Cetus Corp, Berkeley's gene splicing pioneer, raises 115 million in the largest U.S. initial public stock offering to date. CEO Peter Farley envisions major fructose biotech products by 1987 and markets exceeding 3 billion dollars, while analysts question product focus.
MENTIONED IN THIS ARTICLE
Berkeley
Calif
Cetus Corp
U.S
Genentech, Inc
Genentech
Peter J. Farley
Cetus
Farley
Scott R. King
F. Eberstadt & Co
New York
Securities and Exchange Commission
Nia