Keryx Biopharma (KERX) Prices 7.02M Common Offering at $4.70/Share

May 4, 2011 8:57 AM EDT
Keryx Biopharmaceuticals, Inc. (Nasdaq: KERX) has priced a 7,021,277 share common offering at $4.70 per share.

The price is a 4.5 percent decrease from the closing price of $4.92 yesterday.

The aggregate gross proceeds, before commissions and expenses, of the offering will be approximately $33 million.


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