Horizon Pharma (HZNP) IPO Prices at $9, Below Expected Range

July 28, 2011 10:32 AM EDT
Horizon Pharma, Inc. (Nasdaq: HZNP) priced its initial public 5.5 million share at $9 per share, below the expected $10-$12 range. Shares are expected to open on NASDAQ at approximately 11:20AM ET.

The offering is being made through Stifel Nicolaus Weisel, Cowen and Company, and JMP Securities.

Horizon Pharma a biopharmaceutical company that is developing and commercializing innovative medicines to target unmet therapeutic needs in arthritis, pain and inflammatory diseases.


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Stifel, JMP Securities, Cowen & Co