Duke spinout Regado goes public, raises $43M

Duke University spin-off Regado BioSciences hit the public markets today and raised $43 million by offering 10.8 million shares. Shares will have the ticker symbol “RGDO” and be traded on the Nasdaq market. The company, which is now based in Basking Ridge, N.J., had been on a fundraising spree earlier this year, securing $51 million in December from investors that included Durham-based Aurora Funds. It filed for $75 million initial public offering in April, but reduced the IPO price from $5… Reported by bizjournals 13 hours ago.