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ARTICLE | Financial News

Cerus raises $35 million in follow-on

March 15, 2013 12:30 AM UTC

Cerus Corp. (NASDAQ:CERS) raised $35 million through the sale of 8.3 million shares at $4.20 in a follow-on underwritten by Cowen; Baird; Wedbush; and Lazard. Blueprint Life Science Group and MLV were advisors. Cerus announced the offer late Wednesday, when its share price was $4.20. The company was up $0.22 to $4.42 on Thursday. ...