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ARTICLE | Financial News

Amarin raises $121.5 million in follow-on

July 11, 2013 11:52 PM UTC

Amarin Corp. plc (NASDAQ:AMRN) raised $121.5 million through the sale of 21.7 million ADSs at $5.60 in a follow-on underwritten by Citigroup and Jefferies. Each ADS represents a share. Amarin proposed the offering late Monday, when its share price was $6.17. On Thursday, the company was off $0.24 to $5.35. ...