Oncothyreon Backs Pipeline With $47M Public Offering
By Trista Morrison
Friday, March 30, 2012
Oncothyreon Inc. raised $47 million through a public offering of 11.75 million shares priced at $4 apiece. The price represents an 8 percent discount to Wednesday's closing price of $4.35, and shares of Seattle-based Oncothyreon (NASDAQ:ONTY) dipped 10 cents to close at $4.25 on Thursday.
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