Keryx Biopharmaceuticals (KERX) prices an offering of 8.2M shares at $8.49 each, which is where...

|About: Keryx Biopharmaceuticals,... (KERX)|By:, SA News Editor

Keryx Biopharmaceuticals (KERX) prices an offering of 8.2M shares at $8.49 each, which is where the stock closed yesterday. Including a greenshoe option of 1.2M shares, Keryx could raise up to $80.4M; the biotech plans to use the net proceeds to fund the launch of its kidney disease drug Zerenex. Shares +9.3% to $9.28. (PR)