TherapeuticsMD, Inc. (TXMD) Raises $33 Million, Stock Hits New High
10/11/2013 7:59:01 AM
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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