Home » AUXILIUM RAISES $40.4 MILLION IN PRIVATE PLACEMENT
AUXILIUM RAISES $40.4 MILLION IN PRIVATE PLACEMENT
June 29, 2005
Auxilium Pharmaceuticals, a specialty pharmaceutical company that develops and markets products for urology and sexual health, announced it has entered into definitive agreements with institutional and other accredited investors, including existing stockholders and affiliated entities, for the private placement of approximately 8.2 million shares of common stock at a price of approximately $4.90 per share, together with warrants to purchase approximately 2.06 million additional shares of common stock at an exercise price of $5.84 per share, for a total purchase price of $40.4 million.
PharmaLive (http://www.medadnews.com/News/Index.cfm?articleid=252455)
KEYWORDS Daily International Pharma Alert
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