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Published on 3/31/2014 in the Prospect News PIPE Daily.

Kindred Biosciences intends to price $50 million public sale of stock

Leerink Partners, BMO Capital and Guggenheim are the joint bookrunners

By Devika Patel

Knoxville, Tenn., March 31 - Kindred Biosciences, Inc. said it will raise about $50 million in a public offering of stock.

Leerink Partners LLC is the lead bookrunner, and BMO Capital Markets Corp. and Guggenheim Securities, LLC are the joint bookrunning managers.

The biopharmaceutical company is based in San Francisco.


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