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Lexicon plans to raise $95 million
09 March 2010
Eleanor Malone
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09 March 2010
Eleanor Malone
eleanor.malone@informa.com
Lexicon Pharmaceuticals has announced plans to offer for sale $95 million of its common stock in an underwritten public offering. It could also sell up to $14.25 million worth of shares as an over-allotment option.
Lexicon expects net proceeds from the basic offering of around $89 million....
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