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Financings Roundup

Ardea Biosciences Seeking $144.5M in Public Offering

By Marie Powers
Staff Writer

Thursday, February 2, 2012
Ardea Biosciences Inc. priced an underwritten public offering of 8.5 million shares of common stock at $17 per share, seeking to raise $144.5 million before expenses. The price represented a 6.5 percent discount to Tuesday's closing price of $18.19.

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