Aduro Biotech IPO priced at $17 per share

April 14, 2015 9:46 PM

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April 14 (Reuters) - Aduro Biotech Inc's initial public offering has been priced at $17 per share, an underwriter said, valuing the cancer immunotherapy drug developer at about $1 billion.

The upsized offering, which was priced on par with the company's expectation, raised about $119 million.

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