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TherapeuticsMD, Inc.  (TXMD) Raises $33 Million, Stock Hits New High



10/11/2013 7:59:01 AM

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TherapeuticsMD raised $33 million in a secondary stock offering as new clinical data helped its stock reach a new high. The Boca Raton-based company (NYSE: TXMD) sold 13.75 million shares at $2.40 each. Stifel, Cowen and Co., and Lazard Capital Markets underwrote the offering. The money will support the development of its drug candidates.

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