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Biotech / Medical : Biotech Lock Up Expiration Hell Portfolio: Wave II

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To: tuck who wrote (57)8/31/2004 2:40:17 PM
From: tuck  Read Replies (1) of 107
 
I missed this one, which seems to be a SEPR wannabe:

>>RADFORD, Va., Aug. 5 /PRNewswire-FirstCall/ -- New River Pharmaceuticals Inc. (Nasdaq: NRPH - News) announced today the initial public offering of 4,200,000 shares of its common stock at $8.00 per share on the NASDAQ National Market under the trading symbol "NRPH." New River Pharmaceuticals has granted the underwriters the right to purchase up to an additional 630,000 shares of common stock to cover over-allotments, if any. All of such shares are being offered by the company.

New River Pharmaceuticals is a specialty pharmaceutical company focused on developing novel pharmaceuticals that are safer and improved versions of widely-prescribed drugs, including amphetamines and opioids.

WR Hambrecht + Co is acting as the lead underwriter of the offering. First Albany Capital, Wells Fargo Securities, LLC and Punk, Ziegel & Company are acting as co-managers. The shares were offered through WR Hambrecht + Co's OpenIPO®, an auction that allows investors to participate in the pricing and allocation process of the IPO shares.

The public offering is made only by means of a prospectus, which may be obtained by going to WR Hambrecht + Co's web site, by calling 800-673-6476 or by writing to WR Hambrecht + Co, P.O. Box 677, Berwyn, PA 19312.<<

snip

Cheers, Tuck
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