Sarepta collects half a billion in follow-on

Sarepta collects half a billion in follow-on

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BioCentury
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Sarepta Therapeutics Inc. (NASDAQ:SRPT) raised $500 million late Thursday through the sale of 3.8 million shares at $131. The price is a 9% discount to Sarepta's close of $144.06 on Wednesday, when it proposed the offering after hours.