OraSure raises $75 million

OraSure Technologies Inc. (NASDAQ:OSUR) raised $75 million through the sale of 6.1 million shares at $12.30 per share in a follow-on underwritten by Citi; Jefferies; Canaccord; Stephens; ThinkEquity; and JMP Securities. The company, which made the announcement after market close on Wednesday, was up $0.17 to $12.51. OraSure proposed the offering late Monday, when its share price was $13.38. ...