ARTICLE | Financial News

NPS proposes follow-on

April 12, 2011 12:28 AM UTC

NPS Pharmaceuticals Inc. (NASDAQ:NPSP) proposed late Monday to sell 9 million shares in a follow-on underwritten by Citi and Leerink. If sold at NPS's Monday close of $9.50, the company would raise $85.5 million. NPS was up $0.41 on the day. ...