One of the service groups for Discovery Partners is ChemRx, from which DGI sources a targeted library......
Friday July 28, 7:10 pm Eastern Time
Company Press Release
Discovery Partners International Announces $90 Million Public Offering of Common Stock
SAN DIEGO--(BUSINESS WIRE)--July 28, 2000--Discovery Partners International, Inc. announced today its initial public offering of 5,000,000 shares of its common stock at a price of $18.00 per share.
Chase H&Q, Lehman Brothers and UBS Warburg LLC acted as managing underwriters for the offering.
Copies of the prospectus relating to the offering may be obtained from: Chase H&Q, One Bush Street, San Francisco, CA 94104; Lehman Brothers, 555 California Street, 30th Floor, San Francisco, CA 94104; or UBS Warburg LLC, 299 Park Avenue, New York, NY 10171.
Discovery Partners International, Inc. sells drug discovery products and services to pharmaceutical and biotechnology companies.
The securities are being offered by Discovery Partners International, Inc. The issue represents new financing.
Contact:
Discovery Partners International Riccardo Pigliucci, Chief Executive Officer 858/455-8600 or Mentus, Inc. Linda Seaton / Navjot Rai (media), 858/455-5500 ext. 133 / ext.106 lcs@mentusonline.com / nrai@mentusonline.com |