Underwriters Exercise Over-Allotment Option for Ventrus Biosciences, Inc. ' Initial Public Offering

NEW YORK, Jan. 7, 2011 (GLOBE NEWSWIRE) -- Ventrus Biosciences, Inc. (“Ventrus”) (Nasdaq:VTUS), a pharmaceutical company focused on developing and commercializing gastrointestinal products, today announced that the underwriters of its initial public offering have exercised in full their over-allotment option to purchase an additional 435,000 shares of Ventrus’ common stock at $6.00 per share, less underwriting discounts and commissions. The option was granted in connection with Ventrus’ initial public offering of 2,900,000 shares which was consummated on December 22, 2010. The closing of the over-allotment shares occurred on January 7, 2011.

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