Thursday, July 19, 2012

Anthera seeks $33 million from stock offering

Anthera Pharmaceuticals Inc. will use $33 million from the sale of 33 million shares for general corporate purposes, the company said Thursday.
The $1-per-share pricing sent the stock of the Hayward-based drug development company (NASDAQ: ANTH) down more than 15 percent from Wednesday's close, to $1.13 per share, in late-afternoon trading Thursday.

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