Idenix raises $176 million

Idenix Pharmaceuticals Inc. (NASDAQ:IDIX) raised $176 million through the sale of 22 million shares at $8 in a bumped-up follow-on underwritten by JPMorgan; Leerink; BofA Merrill Lynch; and William Blair. Idenix proposed to raise $150 million on Tuesday when its share price was $10.13. The stock was down $0.26 to $8.06 on Thursday. ...