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AMAG raises $173.7 million

January 22, 2010 1:25 AM UTC

AMAG Pharmaceuticals Inc. (NASDAQ:AMAG) raised $173.7 million through the sale of 3.6 million shares at $48.25 in a bumped-up follow-on underwritten by Morgan Stanley; JPMorgan; Goldman Sachs; Leerink; Canaccord; and Robert W. Baird. AMAG proposed to sell 3 million shares late Tuesday, when its share price was $49.99. ...