Kala Pharmaceuticals prices $62m public offering

Kala Pharmaceuticals (NSDQ:KALA) priced an underwritten public offering of 7,500,000 shares of common stock at $8.25 per share.

The Waltham, Mass.-based company is expected to reel in nearly $62 million in proceeds from the offering. Kala Pharmaceuticals also gave underwriters a 30-day option to buy an additional 1,125,000 shares of common stock at $8.25 apiece.

Get the full story at our sister site, Drug Delivery Business News.

The post Kala Pharmaceuticals prices $62m public offering appeared first on MassDevice.

from MassDevice https://ift.tt/2RkHNx3