Affymax raises $75 million

Affymax Inc. (NASDAQ:AFFY) raised $75 million through the sale of 4.1 million shares at $18.25 in a bumped-up follow-on underwritten by Cowen; Lazard; RBC Capital Markets; and Robert W. Baird. Affymax proposed to sell 2.5 million shares late Wednesday, when its share price was $19.89. ...