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Corixa completes $42.7mm private placement

Executive Summary

Immunotherapeutics developer Corixa netted approximately $42.7mm through the private placement of 7.3mm common shares at $6.13 apiece (a slight discount to the market average). It also issued 1.2mm 5-year warrants to purchase additional shares at an exercise price of $6.13. The placement was led by InterWest Partners, and included BankAmerica Ventures, Frazier Healthcare Ventures, Hambrecht & Quist Capital Management, KBL Healthcare Ventures, Oxford Bioscience Partners, and Sutter Hill Ventures.
Deal Industry
  • Pharmaceuticals
  • Pharmaceuticals
    • Radiopharmaceuticals, Contrast Agents
    • Vaccines
  • Biotechnology
    • Large Molecule
      • Antibodies
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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