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Biotech / Medical : ChiRex (CHRX)

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To: Dick Roy who wrote (26)3/24/1997 9:24:00 PM
From: Haseltine   of 130
 
SEPRACOR'S SHARES HAVE BEEN PRICED!

NEW YORK (Dow Jones)--An offering of 3,489,301 common shares of ChiRex Inc. (CHRX), currently held by Sepracor Inc. (SEPR), was priced at $9.50 each through underwriters led by Smith Barney Inc.
Gross spread is 58 cents, selling concession is 34 cents and reallowance is 10 cents. Delivery is scheduled for March 31.
(END) DOW JONES NEWS 03-24-97
5:43 PM
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