ARTICLE | Financial News

Back to the feeder: bluebird raises $225.3M in follow-on

December 16, 2014 3:17 AM UTC

Gene therapy play bluebird bio Inc. (NASDAQ:BLUE) raised $225.3 million by pricing 2.7 million shares at $85 in its second follow-on of the year. BofA Merrill Lynch; Cowen; SunTrust; Wedbush; and Roth were underwriters.

bluebird raised $102 million at $34 a share in July, barely more than a year after it raised $116.1 million at $17 in its IPO in June 2013. ...