Derma Sciences prices secondary at $11.50 each

|About: Derma Sciences Inc. (DSCI)|By:, SA News Editor

The offering size was 6.5M shares with underwriter greenshoe of 978K. Gross proceeds of about $75M-$86M (depending on exercise of option) are to be used for continued development of DSC127 and sales force expansion.

DSCI +1.1% premarket to $11.99.