Discovery Labs raises $14.3 million in follow-on

Discovery Laboratories Inc. (NASDAQ:DSCO) raised $14.3 million on Friday through the sale of 9.5 million shares at $1.50 in a follow-on underwritten by Stifel Nicolaus Weisel. Discovery Labs proposed the offering late Thursday, when its stock price was $1.64. On Friday, the company was down $0.14 to $1.50. ...