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Published on 5/25/2011 in the Prospect News PIPE Daily.

Rigel Pharmaceuticals to price a public offering of its common shares

Company to sell stock through Jefferies & Co., J.P. Morgan Securities

By Devika Patel

Knoxville, Tenn., May 25 - Rigel Pharmaceuticals, Inc. said it will conduct a public sale of common stock.

Jefferies & Co., Inc. and J.P. Morgan Securities LLC will be the joint bookrunning managers and Piper Jaffray & Co. will be the co-manager.

Rigel is a South San Francisco, Calif., drug development company.


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