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Sarepta announces plans to price $37.5 million public sale of stock
Bookrunners Credit Suisse and Robert W. Baird to assist with offering
By Devika Patel
Knoxville, Tenn., June 8 – Sarepta Therapeutics, Inc. will raise about $37.5 million in a public offering of common stock, according to a free writing prospectus filed Wednesday with the Securities and Exchange Commission.
Credit Suisse and Robert W. Baird & Co. are the bookrunners.
Proceeds will be used for product and commercial development, manufacturing, business development activities and other general corporate purposes.
Sarepta is a Cambridge, Mass.-based biopharmaceutical company.
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