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Aratana Therapeutics reports plans to price public offering of shares
Bookrunners Jefferies and Barclays to assist with sale of common stock
By Devika Patel
Knoxville, Tenn., Sept. 16 – Aratana Therapeutics, Inc. will price a public offering of common stock with a 30-day greenshoe option, according to a preliminary prospectus supplement filed Tuesday with the Securities and Exchange Commission.
Jefferies and Barclays are the joint bookrunning managers.
Proceeds will be used for development of therapeutic candidates, expansion of commercial infrastructure and for other general corporate and working capital purposes.
Based in Kansas City, Kan., the development-stage biopharmaceutical company is focused on pet medications.
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