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Durect sells $60mm in convertible notes
23 Jul 2003
Executive Summary
Durect Corp. (delivery systems for drugs that treat chronic diseases) completed a private placement to qualified institutional investors. Including the overallotment of $10mm, it sold $60mm aggregate principal amount of convertible 6.25% notes due 2008.
Deal Industry
- Pharmaceuticals
-
Pharmaceuticals
- Drug Delivery
-
Medical Devices
- Implantable Devices
Deal Status
- Final
Deal Type
-
Financing
- Convertible Debt
- Private Placement
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Questions?
Please contact Sales at: (212) 520-2765 or email [email protected]
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Durect sells $60mm in convertible notes
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