West Lafayette-based Endocyte Inc. raised about $66.8 million in a secondary public offering of nearly 6.7 million shares
of company stock.
The biotech firm announced on Tuesday that it closed on the public offering, which the company launched in mid-July. Shares
for the offering were priced at $12.26 each.
Cowen and Co. LLC and Wedbush PacGrow Life Sciences, both based in New York, served as co-managers for the offering.
Endocyte, which also has offices in Indianapolis, said it intends to seek permission to sell its ovarian cancer drug in Europe
on a limited basis. The decision to proceed came after consultation with the European Medicines Agency and written advice
from the regulators, Endocyte said in April.
Endocyte shares were trading at $12.45 each in late-morning trading, up considerably from the $6 initial public offering
price in February.
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Endocyte completes secondary public offering
IBJ Staff
August 3, 2011
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
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I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
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Pimlico
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While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
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You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.
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