IPO Company Profile
SEC Filings | Peer IPO Companies
Phytera, Inc.
377 Plantation Street, Worcester, MA 01605 * (508) 792-6800

The company is an international biopharmaceutical company engaged in identifying and optimizing novel chemical lead structures through its Combinatorial Drug Discovery Program.

Primary Underwriting Group
ManagerTierPhone
SG CowenLead Manager
BancBoston Robertson StephensCo-manager (415) 989-8500

Filing Information
NASNTL:PHYT Service: SIC 8731
Type of Shares:Common Shares Filing Date:10/28/98
U.S. Shares Filed:2,500,000 Filing Range:$12.00 - $14.00
Non-U.S. Shares Filed:0 Offering Amount: $32,500,000
Primary Shares:2,500,000 Expenses: -
Secondary Shares:0 Post-IPO Shares:
Employees:75

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Palmer & Dodge
Bank's Law Firm: Brown & Wood
Registrar/Transfer Agent: American Stock Transfer & Trust Co
Auditor: Arthur Andersen

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
9 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
12/31/97 9/30/98 9/30/97 9/30/98
Revenue:$1.05$1.10$0.73Assets:$9.31
Net Income:-$9.75-$6.59-$7.66Curr Assets:$7.28
EPS:$1.42Liabilities:$4.42
Prior EPS:Curr Liab:$2.23
Cash Flow/Oper:-$7.40-$4.94$5.09Equity:$4.89
Cash Flow/Fin:$0.34$8.47$0.19Cash:$6.99
Cash Flow/Inv:$6.39-$0.98$4.21Working Cap:$5.05

Use of Proceeds
The proceeds from the proposed offering will be used to fund research and product development programs, to repay indebtedness and for general corporate purposes.

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