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Published on 4/25/2014 in the Prospect News PIPE Daily.

Radius Health to price IPO of 5 million shares at $14.00 to $16.00

Bookrunners Jefferies and Cowen will have greenshoe of 750,000 shares

By Devika Patel

Knoxville, Tenn., April 25 - Radius Health, Inc. will sell 5 million common shares in its initial public offering with a 30-day greenshoe of 750,000 additional shares, according to a Form S-1/A filed Friday with the Securities and Exchange Commission.

The shares will be sold at a price expected to fall between $14.00 and $16.00 per share.

Jefferies and Cowen and Co. will be the joint bookrunners with Canaccord Genuity as the co-lead manager and Cantor Fitzgerald & Co. as co-manager.

Proceeds will be used to fund the clinical development of the company's most advanced product candidates and for other corporate purposes.

The biopharmaceutical company is based in Cambridge, Mass. It has applied to list its common stock on the Nasdaq Global Market under the symbol "RDUS."


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