Dyax Corp. Announces Proposed Public Offering Of 7,000,000 Shares Of Common Stock

BURLINGTON, Mass.--(BUSINESS WIRE)--Dyax Corp. (NASDAQ: DYAX) today announced that it is offering, subject to market and other conditions, to sell 7,000,000 shares of its common stock in a proposed underwritten public offering. Dyax intends to grant the underwriters a 30-day option to purchase up to an additional 1,050,000 shares of its common stock. All shares to be sold in the offering are being sold by Dyax.

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