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Eagle Pharmaceuticals prices IPO at $15, the midpoint of the range

By: Renaissance Capital
Posted: 2/12/2014 5:36:00 AM
Referenced Stocks: EGRX

Eagle Pharmaceuticals, which develops and sells enhanced injectable versions of expiring patented drugs, raised $50 million by offering 3.4 million shares at $15, the midpoint of the range of $14 to $16. Eagle Pharmaceuticals plans to list on the NASDAQ under the symbol EGRX. Eagle Pharmaceuticals initially filed confidentially on 10/21/2013. Piper Jaffray and William Blair acted as joint bookrunners on the deal.