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Biotech / Medical : VD's Model Portfolio & Discussion Thread
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To: Vector1 who wrote (7814)4/1/2000 11:09:00 AM
From: Spekulatius  Read Replies (1) of 9719
 
CRA -
Celera hit probably the jackpot with this years spring biotech fundraiser: 4.37M shares @ 225$ each yielded net proceeds of 944M$.
GLIA stock price on reached 25$+ for a few days,so they did not have a window to raise capital. I would consider any public offering below 25$ ridiculous.

VRTX always was smart with financing. They raised capital in 1997. 3M shares @45.5$/share. Todays stock prices appears cheap.
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