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Cellular Dynamics International has joined the growing queue of biotech companies looking to jump through the wide-open IPO window. Founded by famed stem-cell pioneer James Thomson, the company markets stem cell lines for use in drug R&D.
The biotech is looking to raise about $57 million in its IPO, with a plan to trade on Nasdaq as "ICEL." It has some revenue, but like a lot of biotechs it is largely awash in red ink. Its SEC filing...