{"id":516499,"date":"2010-04-05T17:00:14","date_gmt":"2010-04-05T21:00:14","guid":{"rendered":"http:\/\/www.xconomy.com\/?p=71816"},"modified":"2010-04-05T17:00:14","modified_gmt":"2010-04-05T21:00:14","slug":"another-8m-for-dyax-in-stock-deal","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/516499","title":{"rendered":"Another $8M for Dyax in Stock Deal"},"content":{"rendered":"\n<div style=\"text-transform:uppercase\"><a href=\"http:\/\/www.xconomy.com\/tag\/Biotech\/\">Biotech<\/a>, <a href=\"http:\/\/www.xconomy.com\/tag\/funding\/\">funding<\/a>, <a href=\"http:\/\/www.xconomy.com\/tag\/deals\/\">deals<\/a><\/div>\n<p>\t\t<strong>Erin Kutz wrote:<\/strong><\/p>\n<p><a href=\"http:\/\/www.dyax.com\/index.html\">Dyax<\/a> (NASDAQ: <a href=\"http:\/\/finance.yahoo.com\/q?s=DYAX\">DYAX<\/a>), a Cambridge, MA-based developer of a drug for an inflammatory disease, has raised $59.6 million in a stock deal. Last month the company raised <a href=\"http:\/\/www.xconomy.com\/boston\/2010\/03\/25\/dyax-raises-51-8m-in-stock-deal\/\">$51.8 million through the sale of 17 million shares at $3.25 per share<\/a>, and raised an additional $8 million when underwriter Jefferies &amp; Company exercised its over-allotment option to purchase an additional 2.55 million shares of common stock at $3.25 per share, in a <a href=\"http:\/\/investor.dyax.com\/phoenix.zhtml?c=122200&amp;p=irol-newsArticle&amp;ID=1409614&amp;highlight=\">sale<\/a> that closed today. The funding from the stock offering will go to Dyax&#8217;s Kalbitor (ecallantide), a drug for treating acute attacks of an inflammatory disease called hereditary angioedema.<\/p>\n<div class=\"postFooter\"><a href=\"http:\/\/www.xconomy.com\/boston\/2010\/04\/05\/another-8m-for-dyax-in-stock-deal\/#comments\">Comments<\/a> | <a href=http:\/\/www.xconomy.com\/reprints\/>Reprints<\/a> | Share: &nbsp;<br \/>\n<a href=\"http:\/\/twitter.com\/home?status=RT%20@Xconomy%20Another%20$8M%20for%20Dyax%20in%20Stock%20Deal%20http:\/\/xconomy.com\/?p=71816\"  rel=\"nofollow\"><img decoding=\"async\" src=\"http:\/\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/twitter.gif\" alt=\"Retweet\"\/><\/a><br \/>\n&nbsp;<a href=\"http:\/\/www.facebook.com\/sharer.php?u=http:\/\/www.xconomy.com\/boston\/2010\/04\/05\/another-8m-for-dyax-in-stock-deal\/&#038;t=Another%20$8M%20for%20Dyax%20in%20Stock%20Deal\"  rel=\"nofollow\"><img decoding=\"async\" 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href=\"http:\/\/ads.pheedo.com\/click.phdo?s=5774e8c56334156d510e0bb911644c48&#038;p=1\"><img decoding=\"async\" alt=\"\" style=\"border: 0;\" border=\"0\" src=\"http:\/\/ads.pheedo.com\/img.phdo?s=5774e8c56334156d510e0bb911644c48&#038;p=1\"\/><\/a><br \/>\n<!-- foo --><\/p>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/gAZ2Qp6BDgzE2yQnB5pkK9cHq_k\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/gAZ2Qp6BDgzE2yQnB5pkK9cHq_k\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/gAZ2Qp6BDgzE2yQnB5pkK9cHq_k\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/gAZ2Qp6BDgzE2yQnB5pkK9cHq_k\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/Xconomy_Full\/~4\/OCmB3yMGx9Y\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Biotech, funding, deals Erin Kutz wrote: Dyax (NASDAQ: DYAX), a Cambridge, MA-based developer of a drug for an inflammatory disease, has raised $59.6 million in a stock deal. Last month the company raised $51.8 million through the sale of 17 million shares at $3.25 per share, and raised an additional $8 million when underwriter Jefferies [&hellip;]<\/p>\n","protected":false},"author":1661,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-516499","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/516499","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1661"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=516499"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/516499\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=516499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=516499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=516499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}