00:53 , Aug 22, 2007 |  BC Extra  |  Financial News

Medicure raises $40 million in offering, deal

Medicure (TSX:MPH; MCU) raised US$15 million in a private placement of 13 million shares at US$1.15, which is a 7% discount to MCU's close of US$1.23 on AMEX on Monday. Investors also received five-year warrants...
07:00 , May 7, 2007 |  BioCentury  |  Finance

Ebb & Flow

Five executives at MedImmune (MEDI) will be receiving more than $280 million when the $15.6 billion acquisition by AstraZeneca (LSE:AZN; AZN) closes. By comparison, the biotech sector raised a total of $566 million last week,...
01:34 , May 5, 2007 |  BC Extra  |  Financial News

Devax files for IPO

Devax (Lake Forest, Calif.) filed to raise up to $85 million in an IPO underwritten by Bear Stearns; Thomas Weisel Partners; CIBC World Markets; and AG Edwards. Devax's lead product is the Axxess stent system,...
02:09 , Feb 10, 2007 |  BC Extra  |  Financial News

BioMimetic prices follow-on

BMTI raised $36.4 million through the sale of 2.1 million shares at $17.15 in a follow-on underwritten by Deutsche Bank; Pacific Growth; First Albany; and AG Edwards. Selling shareholders sold an additional 705,000 shares. BMTI's...
08:00 , Jan 8, 2007 |  BioCentury  |  Analyst Picks & Changes

Analyst picks & changes

Analyst picks & changes Company Bank Analyst Coverage Opinion Wk chg 1/5 cls Aeterna Zentaris (TSX:AEZ; AEZS) Dundee David Martin Price target Market outperform -4% $ 3.87 Martin reduced his target to C$6 from...
07:00 , Sep 25, 2006 |  BioCentury  |  Analyst Picks & Changes

Analyst picks & changes

Analyst picks & changes Analyst picks & changes Company Bank Analyst Coverage Opinion Wk chg 9/22 cls Alnylam (ALNY) ThinkEquity Andrew McDonald Discontinued NA -9% $13.18 The firm dropped coverage of the infectious disease and...
07:00 , May 15, 2006 |  BioCentury  |  Finance

Ebb & Flow

After three weeks of downtime on the IPO front, two U.S. biotechs got out last week. It seems that investors were using the break to sharpen their shears. The good news is that Novacea (NOVC)...
03:02 , Feb 11, 2006 |  BC Extra  |  Financial News

BioMimetic files for IPO

BioMimetic (Franklin, Tenn.) filed to raise up to $50 million in an IPO underwritten by Deutsche Bank; Pacific Growth; First Albany; and AG Edwards. The company's GEM 21S, a combination of recombinant human platelet-derived growth...
07:00 , Aug 9, 2000 |  BC Extra  |  Financial News

AtheroGenics, Pharsight sell IPOs

AGIX and PHST raised a total of $78 million in their IPOs. AGIX raised $48 million in an IPO of 6 million shares at $8. The offering, which has a 900,000-share overallotment, was underwritten by...