Achillion Pharmaceuticals (ACHN +3%) trades up after pricing its offering of 15M shares at...

|About: Achillion Pharmaceuticals, ... (ACHN)|By:, SA News Editor

Achillion Pharmaceuticals (ACHN +3%) trades up after pricing its offering of 15M shares at $8.40, just a slight 1.2% discount to Thursday's close. The company plans to use the roughly $120M to continue clinical testing of its hepatitis C drugs as well as general corporate expenses.