Discovery Laboratories raises $45 million

Discovery Laboratories Inc. (NASDAQ:DSCO) raised $45 million through the sale of 16.1 million shares at $2.80 in a follow-on underwritten by Lazard; Stifel Nicolaus Weisel; and Roth Capital Partners. Discovery Laboratories proposed the offering late Thursday, when its share price was $3.50. Discovery Laboratories was off $0.65 (19%) to $2.85 on Friday. ...