BioCentury
ARTICLE | Financial News

Idorsia raises $511.9M in dual offerings

July 12, 2018 6:36 PM UTC

Idorsia Ltd. (SIX:IDIA) raised CHF505.2 million ($511.9 million) in a pair of private placements underwritten by Credit Suisse, Goldman Sachs and Octavian.

Idorsia raised CHF305.2 million ($309.2 million) through the sale of 11.9 million shares at CHF25.62. The price is a 5% discount to its close of CHF26.96 on Tuesday when it announced the offerings after trading hours...

BCIQ Company Profiles

Idorsia Ltd.