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Published on 4/16/2013 in the Prospect News PIPE Daily.

Omthera raises $64 million via initial public offering of common stock

BofA Merrill Lynch, Barclays and Leerink Swann were joint bookrunners

By Devika Patel

Knoxville, Tenn., April 16 - Omthera Pharmaceuticals, Inc. said it completed a $64 million initial public offering of stock.

The company sold 8 million common shares at $8.00 per share.

BofA Merrill Lynch, Barclays and Leerink Swann were the joint bookrunning managers.

The specialty pharmaceutical company is based in Princeton, N.J.

Issuer:Omthera Pharmaceuticals, Inc.
Issue:Common stock
Amount:$64 million
Shares:8 million
Price:$8.00
Warrants:No
Bookrunners:BofA Merrill Lynch, Barclays and Leerink Swann
Co-managers:Stifel, Nicolaus & Co. Inc. and Piper Jaffray & Co.
Settlement date:April 16
Stock symbol:Nasdaq: OMTH

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