EXTON, Pa.--(BUSINESS WIRE)--Feb. 16, 2006--Adolor Corporation (Nasdaq: ADLR) announced today that it priced a public offering of 5,000,000 shares of its common stock at $25 per share. The net proceeds from the offering are expected to be approximately $117 million. The closing of the offering is expected to occur on February 22, 2006, subject to the satisfaction of customary closing conditions. Lehman Brothers Inc. is acting as the sole bookrunning manager in the offering. Pacific Growth Equities, LLC, Banc of America Securities, LLC and J.P. Morgan Securities Inc. are acting as co-managers in this offering. Adolor has granted to the underwriters an option to purchase up to an additional 750,000 shares of common stock within 30 days after the offering.
