Recro Pharma (REPH) Announces Proposed Public Offering of Common Stock

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Recro Announces Proposed Public Offering of Common Stock

May 11, 2021 4:30 PM EDT

EXTON, Pa., May 11, 2021 (GLOBE NEWSWIRE) -- Recro Pharma, Inc. (Recro; NASD: REPH), a contract development and manufacturing organization (CDMO) dedicated to solving complex formulation and manufacturing challenges for companies developing oral solid dose drug products, today announced that it intends to offer and sell, subject to market conditions, shares of its common stock in an underwritten public offering. All of the shares to be sold in the public offering will be sold by Recro.  Recro is expected to grant the underwriters a 30-day option to purchase up to an additional 15%... More