Home>Topics>>Lexicon ([[LXRX]] -10.8% to $2.23) sinks sharply after pricing an offering of 17.5M shares at $2.25 each, a 10% discount to yesterday's close. The net proceeds will be $37.2M, which the biotech plans ...

Lexicon ([[LXRX]] -10.8% to $2.23) sinks sharply after pricing an offering of 17.5M shares at $2.25 each, a 10% discount to yesterday's close. The net proceeds will be $37.2M, which the biotech plans ...

SeekingAlpha.com: SA Currents

Thu, 18 Oct 2012

Lexicon ( LXRX -10.8% to $2.23) sinks sharply after pricing an offering of 17.5M shares at $2.25 each, a 10% discount to yesterday's close. The net proceeds will be $37.2M, which the biotech plans to use for R&D. The underwriters have an option to purchase another 2.625M shares. ( PR ) Post your ...

Related Videos

  1. No Sign of Slowdown in Biotech M&A

    Tue, 10 May 2011

    High levels of merger and acquisition activity will be the big theme of year for biotech , says Morningstar's Lauren Migliore.

  2. Top Biotech Acquisition Candidates

    Thu, 5 Apr 2012

    2011 was a relatively light year for biotech M&A, but it looks like activity is picking up in 2012.

  3. Our Top Five Biotech Takeout Picks

    Fri, 26 Feb 2010

    Health-care analyst Lauren Migliore looks at what makes a biotech firm a likely takeout candidate and reveals our top five biotech M&A picks for 2010.

  4. Our Top Five Biotech Acquisition Candidates

    Thu, 17 Mar 2011

    M&A activity grew in 2010, and we expect deal volume to remain strong in 2011.

Content Partners