BioCentury
ARTICLE | Financial News

Clavis raises $20.1 million

June 27, 2009 1:45 AM UTC

Clavis Pharma ASA (OSE:CLAVIS) raised NOK129 million ($20.1 million) in a private placement of 10.8 million shares at NOK12 per share. The price is a 4% discount to Clavis' close of NOK12.50 on Thursday, before the deal was announced. Investors included NeoMed Management; MVM Life Science Partners; and Braganza A/S. Carnegie ASA and DnB NOR Markets were joint lead managers and bookrunners. ...