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Vanda Pharma files for $75 million IPO

WASHINGTON
Reuters
December 29, 2005

Vanda Pharmaceuticals Inc. may raise up to $75 million in an initial public offering of stock, according to a regulatory filing on Thursday.

The lead underwriters for the offering are expected to be JPMorgan, Banc of America Securities LLC and Thomas Weisel Partners LLC , according to the filing with the U.S. Securities and Exchange Commission. Price and share terms have not yet been set.

The Rockville, Maryland-based company intends to apply for a Nasdaq listing under the symbol "VNDA" , the filing said.

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