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Tercica, Inc. Announces Follow-On Offering of Common Stock
SOUTH SAN FRANCISCO, CA
PRNewswire
February 8, 2005
Tercica, Inc. (Nasdaq: TRCA) announced today a follow-on offering
of 6,000,000 shares of its common stock at a public offering price
of $8.00 per share. All of the shares are being offered by Tercica.
The sole book running manager of the offering was Lehman Brothers.
SG Cowen served as joint lead manager. Robert W. Baird & Co.,
Friedman, Billings, Ramsey and Harris Nesbitt were co-managers. Tercica
has granted the underwriters a 30-day option to purchase up to an
additional 900,000 shares of its common stock. Copies of the final
prospectus relating to the offering may be obtained from Lehman Brothers
c/o ADP Financial Services, Integrated Distribution Services, 1155
Long Island Avenue, Edgewood, NY 11717; 631-254-7106 or by email request
to sabrina_neat@adp.com
or monica_castillo@adp.com.
About Tercica
Tercica is a biopharmaceutical company focused on the development
and commercialization of recombinant human insulin-like growth factor-1
for the treatment of short stature and other metabolic disorders.
This press release shall not constitute an offer to sell or the solicitation
of an offer to buy, nor shall there be any sale of these securities
in any state or jurisdiction in which such offer, solicitation or
sale would be unlawful prior to registration or qualification under
the securities laws of any such state or jurisdiction.
SOURCE Tercica, Inc.
Kimberly Kraemer, Sr. Director,
Corporate Communications & Investor Relations of
Tercica, Inc., +1-650-624-4949, or kimberly.kraemer@tercica.com
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