Progenics announces plans to price public offering of common shares

Bookrunner Jefferies helps raise proceeds for research and development

By Devika Patel

Knoxville, Tenn., Feb. 20 - Progenics Pharmaceuticals, Inc. will conduct a public offering of common stock with a 30-day greenshoe option, according to an 8-K filed Thursday with the Securities and Exchange Commission.

Jefferies LLC is the bookrunner.

Proceeds will be used for research and development and general corporate purposes.

Progenics, based in Tarrytown, N.Y., is a biopharmaceutical company.

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