Metabolix Prices At Top of Range


Metabolix Inc., a Cambridge, Mass.-based developer of sustainable technologies for the production of plastics, priced 6.8 million common shares at $14 per share ($12-$14 range), for an IPO take of approximately $95.2 million. It will trade on the Nasdaq under ticker symbol MBLX, while Piper Jaffray served as lead underwriter. The company had raised VC funding from both The Vertical Group and Westfield Capital. www.metabolix.com