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Neurogen gets $100mm in private placement

Executive Summary

Neurogen (discovering drugs for neurological, inflammatory, and metabolic conditions) raised $100mm through the private placement of roughly 14mm common shares priced at $7 (a slight discount to the market average). Warburg Pincus and Baker Brothers Investments led the placement.
Deal Industry
  • Pharmaceuticals
  • Biotechnology
    • Drug Discovery Tools
Deal Status
  • Final
Deal Type
  • Financing
    • Private Investment in Public Equity
    • Private Placement

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