BioCentury
ARTICLE | Financial News

Catalyst prices $100M follow-on

February 13, 2018 10:28 PM UTC

Catalyst Biosciences Inc. (NASDAQ:CBIO) raised $100 million through the sale of 2.9 million shares at $34 in a follow-on underwritten by JonesTrading Institutional Services, Ladenburg Thalmann, LifeSci Capital and B. Riley FBR. The price is a 4% discount to the company’s close of $35.60 on Monday, when the offering was proposed after market hours.

In January, Catalyst began a Phase II/III trial of marzeptacog alfa to prevent bleeding in patients with hemophilia A or B with inhibitors. Interim data are expected this half. The product is a next-generation Factor VIIa variant...

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Catalyst Biosciences Inc.