Cor Therapeutics Inc. said Tuesday that it raised about $40.7million in its public offering of 2.88 million shares of commonstock, including 375,000 shares sold following the exercise ofthe overallotment option by the underwriting group managedby Robertson, Stephens & Co., L.P., and Montgomery Securities.
The South San Francisco, Calif., company (NASDAQ:CORR) filedfor an offering of 2.5 million shares of common stock at $15 ashare on Jan. 18. Cor raised $15 million in its initial publicoffering in June 1991.
The company's stock close at $16 a share on Tuesday, down 88cents.
(c) 1997 American Health Consultants. All rights reserved.