Prolor raises $32.5 million in follow-on

Prolor Biotech Inc. (NYSE-A:PBTH; Tel Aviv:PBTH) raised $32.5 million through the sale of 6.5 million shares at $5 in a follow-on underwritten by Jefferies; Ladenburg Thalmann; and Oppenheimer. The company proposed the offering late Thursday, when its share price was $5.69. Prolor was down $0.45 to $5.24 on Friday. ...