Biodel Inc. Announces Proposed Public Offering of Common Stock

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DANBURY, Conn., June 18, 2013 (GLOBE NEWSWIRE) -- Biodel Inc. (Nasdaq:BIOD) today announced that it is offering to sell, subject to market and other conditions, shares of its common stock in an underwritten public offering. In addition, Biodel intends to grant the underwriters a 30-day option to purchase up to an additional 15 percent of the shares sold to cover overallotments, if any. All of the shares in this offering are to be sold by Biodel.

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