Clean-tech IPO brings $78 million to Codexis

22.04.2010, San Francisco Chronicle: Codexis Inc., a Redwood City startup that makes designer enzymes for pharmaceuticals and biofuel production, sold its shares for the first time Thursday on the Nasdaq exchange, the first of what could be a flurry of IPOs this year from Bay Area clean-tech companies.

Codexis shares opened at $13, the low end of the $13 to $15 range predicted by the company last week, and closed at $13.26. The initial public offering brought Codexis $78 million.

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