BG raises $12 million in follow-on

Diagnostics company BG Medicine Inc. (NASDAQ:BGMD) raised $12 million through the sale of 6 million shares at $2 in a follow-on underwritten by Lazard. BG Medicine proposed the offering late Thursday, when its share price was $2.48. On Friday, the company was down $0.37 (15%) to $2.11. ...