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Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Mon., Mar. 30, 4:02 PM

Slide #23. Concert Pharmaceuticals, Inc. Secondary Offering

Company: Concert Pharmaceuticals, Inc. (NASDAQ:CNCE)
Date announced: 3/18/2015
Shares Offered: 3,300,000
Date of Pricing: 3/19/2015
Price Per Share: $15.15
Secondary Offering Details: Concert Pharmaceuticals, Inc. (NASDAQ:CNCE) today announced that it has commenced an underwritten public offering of its common stock. All of the shares in the offering are to be sold by Concert. - updated 3/19 - Concert Pharmaceuticals, Inc. (NASDAQ:CNCE) today announced the pricing of an underwritten public offering of 3,300,000 shares of its common stock at a public offering price of $15.15 per share. In addition, Concert has granted the underwriters a 30-day option to purchase up to an additional 495,000 shares of common stock.

Concert Pharmaceuticals is a clinical stage biopharmaceutical company engaged in developing small molecule drugs. Co.'s pipeline includes three clinical-stage candidates and a number of preclinical compounds that it is developing. Co.'s clinical programs are CTP-354 for spasticity associated with multiple sclerosis and spinal cord injury, CTP-499 for diabetic kidney disease and AVP-786 for neurologic and psychiatric disorders under its collaboration with Avanir Pharmaceuticals, Inc. Co. also has ongoing collaborations with Celgene International Sarl, for deuterated compounds including CTP-730 for inflammatory diseases, and Jazz Pharmaceuticals Ireland Limited, for JZP-386 for narcolepsy.
Open the CNCE Page at The Online Investor »

Company Name:  Concert Pharmaceuticals Inc
Website:  www.concertpharma.com
Sector:  Drugs & Pharmaceuticals
Number of ETFs Holding CNCE:  3
Total Market Value Held by ETFs:  $3.66M
Total Market Capitalization:  $247.00M
% of Market Cap. Held by ETFs:  1.48%
 

Open the CNCE Page at The Online Investor (in a new window) »

March 30, 2015    4:02 PM Eastern
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Strong Buy (4.00 out of 4)
93rd percentile
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