BioCentury
ARTICLE | Financial News

Biodel raises $19.5 million in follow-on

June 20, 2013 12:56 AM UTC

Biodel Inc. (NASDAQ:BIOD) raised $19.5 million through the sale of 4.5 million shares at $4.35 in a follow-on underwritten by William Blair and Ladenburg Thalmann. Biodel proposed the offering late Tuesday, when its share price was $4.76. On Wednesday, Biodel was off $0.41 to $4.35. ...