SteadyMed raises another $5m from key shareholder

SteadyMed (NSDQ:STDY) said today that 1 of its largest institutional shareholders exercised warrants to purchase additional shares of the company that the investor got in conjunction with the 1st tranche of a previous private placement. Thanks to the exercise, San Ramon, Calif.-based SteadyMed received an additional $5 million in proceeds. Get the full story at our sister site, Drug Delivery Business News. The post SteadyMed raises another $5m from key shareholder appeared first on MassDevice.
Source: Mass Device - Category: Medical Devices Authors: Tags: Cardiovascular Funding Roundup Pharmaceuticals Wall Street Beat SteadyMed Therapeutics Source Type: news