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Acadia Pharma (ACAD) to Offer $200M in Common Stock

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ACADIA Pharmaceuticals Announces Proposed Public Offering of Common Stock

August 8, 2016 4:01 PM EDT

SAN DIEGO--(BUSINESS WIRE)-- ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD), a biopharmaceutical company focused on the development and commercialization of innovative medicines to address unmet medical needs in central nervous system disorders, today announced that it intends to offer and sell, subject to market and other conditions, $200,000,000 of its common stock in an underwritten public offering. There can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

J.P. Morgan Securities LLC, Goldman, Sachs & Co. and BofA Merrill... More