Scrip is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Making $130m plans for Rigel, including Phase II of ex-Pfizer asthma compound

This article was originally published in Scrip

Executive Summary

Rigel Pharmaceuticals has priced a public offering of 16.3 million shares of its common stock at $8 per share for proceeds of about $130 million. The new funds add significantly to Rigel's liquid assets ($155.5 million as of 31 March) and should fund the company well into 2013. The offer price represented about a 5.7% discount from the share price on 25 May.

Advertisement

Topics

Related Companies

Advertisement
UsernamePublicRestriction

Register

SC013102

Ask The Analyst

Please Note: Click here for more information on the Ask the Analyst service.

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel