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Cubist completes $52mm private placement

Executive Summary

Cubist Pharmaceuticals (anti-infectives) raised net proceeds of $52mm in a private offering to existing and new shareholders of 2.2mm shares of its common stock at $25 each, about the average pre-announcement price.
Deal Industry
  • Biotechnology
    • Drug Discovery Tools
      • Genomics-Proteomics
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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