Discovery Laboratories to conduct public offering of its common shares

Underwriters have a 30-day greenshoe option to buy additional shares

By Devika Patel

Knoxville, Tenn., Oct. 30 - Discovery Laboratories, Inc. said it plans to price a public offering of its common shares with a 30-day greenshoe option on Thursday.

Stifel and Piper Jaffray & Co. are the joint bookrunning managers; Lazard Capital Markets LLC is the co-lead manager and Roth Capital Partners, LLC is the co-manager.

Proceeds will be used to meet working capital requirements.

The biotechnology company is based in Warrington, Pa.

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