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BRIEF-Alder Announces $250 Million Committed Equity Financing
January 8, 2018 / 1:11 PM / 8 days ago

BRIEF-Alder Announces $250 Million Committed Equity Financing

Jan 8 (Reuters) - Alder Biopharmaceuticals Inc:

* ALDER ANNOUNCES $250 MILLION COMMITTED EQUITY FINANCING

* ALDER BIOPHARMACEUTICALS INC - INVESTORS TO PURCHASE UP TO $250 MILLION OF NON-VOTING CLASS A PREFERRED STOCK DURING 3-YEAR TERM OF AGREEMENT

* ALDER BIOPHARMACEUTICALS INC - TO USE NET PROCEEDS TO FUND PAYMENTS UNDER ALDER‘S EUROPEAN PATENT SETTLEMENT

* ALDER BIOPHARMACEUTICALS INC - TO ALSO USE PROCEEDS FOR EPTINEZUMAB INFUSION COMMERCIALIZATION-READINESS ACTIVITIES Source text for Eikon: Further company coverage:

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