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La Jolla completes $51.6mm private placement
03 Jan 2014
Executive Summary
La Jolla Pharmaceutical (therapeutics to treat antibody-mediated diseases) grossed $51.6mm though the private placement of 7mm shares priced at $7.37 each (a 17% discount to the market average) to selected institutional and other investors. UBS Warburg and Pacific Growth Equities acted as the placement agents.
Deal Industry
- Pharmaceuticals
-
Biotechnology
- Drug Discovery Tools
Deal Status
- Final
Deal Type
-
Financing
- Private Placement
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La Jolla completes $51.6mm private placement
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