Bio-pharmaceutical company Omeros Corporation has announced pricing for a public offering of 3,478,260 shares of its common stock to be $11.5 per share.
Omeros is expected to raise gross proceeds of $40m through the offering, which will be used for general corporate purposes such as research and development (R&D) expenses for its clinical OMS721 programme, new drug applications, repayment of debt, and other capital expenditures.
Cytocentrics, Inc has raised $9.18m of its planned $21.82m in venture financing by issuing equity securities to ten investors.
Specialist pharmaceutical company Recro Pharma, Inc has announced plans to raise $14.9m through an underwritten public offering of 1,986,666 shares of its common stock, priced at $7.5 per share.
Recro plansto invest the funds in ongoing Phase III pivotal clinical trial and safety studies of injectable meloxicam and for meeting other capital expenditures.
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Advaxis, Inc plans to raise $30.3m through a private placement of 2,244,443 shares of its common stock, priced at $13.5 per share.
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By GlobalDataBio-pharmaceutical company Tioma Therapeutics, Inc has raised $86m in series A venture financing round.
Tioma plans to use the funds to expand its antibody portfolio and primarily its lead drug candidate, an anti-CD47 immune checkpoint inhibitor.