Contrast agent developer Epix Medical has signed an agreement with investment banking firm Robertson Stephens, which will serve as a placement agent for newly issued Epix shares. Robertson Stephens has received commitments from a group of existing and new Epix investors for 2.6 million shares at a price of $12.50 a share, resulting in net proceeds of approximately $30.2 million, according to Cambridge, MA-based Epix.
By AuntMinnie.com staff writersJanuary 16, 2002
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