Dyax Corp. Announces Pricing Of $200 Million Public Offering Of Common Stock

BURLINGTON, Mass.--(BUSINESS WIRE)--Dyax Corp. (NASDAQ: DYAX) today announced the pricing of an underwritten public offering of 7,400,000 shares of its common stock, offered at a price to the public of $27.00 per share. The gross proceeds to Dyax from this offering are expected to be approximately $200 million, before deducting the underwriting discounts and commissions and other estimated offering expenses payable by Dyax. Dyax has granted the underwriters a 30-day option to purchase up to an aggregate of 1,110,000 additional shares of common stock. The offering is expected to close on or about April 13, 2015, subject to customary closing conditions.

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