BioCentury
ARTICLE | Financial News

Tekmira raises $151.9M in follow-on

March 21, 2015 1:57 AM UTC

Tekmira Pharmaceuticals Corp. (NASDAQ:TKMR) raised $151.9 million through the sale of 7.5 million shares at $20.25 in a follow-on underwritten by Leerink; RBC Capital Markets; Nomura; JMP Securities; Wedbush PacGrow; and Lazard.

Tekmira proposed the offering after market close on Wednesday, when its shares closed at $19.76. The stock fell $1.01 to $19.48 on Friday. ...