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AcelRx Pharmaceuticals nets $44.7mm in follow-on public offering

Executive Summary

AcelRx Pharmaceuticals Inc. (sublingual treatments for breakthrough and acute pain) netted $44.7mm in a follow-on public offering of 14.4mm shares (including the overallotment)--up from the 10mm it originally planned--at $3.31. Proceeds will help the company prepare an NDA filing in Q3 2013 for lead candidate ARX01 (sufentanil delivered via the NanoTab system for moderate-to-severe postoperative pain).
Deal Industry
  • Biotechnology
  • Medical Devices
  • Pharmaceuticals
  • Pharmaceuticals
    • Drug Delivery
Deal Status
  • Final
Deal Type
  • Financing
    • FOPO

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