ZGNX..alert bought at $2.33..DD POST Attached. The company has two upcoming catalysts. They are expecting an ADCOM panel meeting in Nov/Dec 2012. They also have a PDUFA date for March 1st . The 52wk high is $3.23 & 52wk low is $1.31. The company has 100m shares outstanding & 75m shares in the float. 44% insider holding and 31% institutional holdings. The market cap at $2.33 is 233M. The company raised cash through dilution & payed off their debt. http://stks.co/i9Xe. DISCLAIMER & INFORMATION FOR READERS:http://bit.ly/OlN9DB
FDA Acceptance for review of Zohydro ER. PDUFA on March 1st http://bit.ly/Pb8FKi
July 2012 Offering. Prices 32.5m units at $2/Unit. Gross proceeds are 65.5m. http://bit.ly/OeUIbm Zogenix intends to use the net proceeds from the offering to repay all amounts outstanding under its amended and restated loan and security agreement with Oxford Finance LLC and Silicon Valley Bank, to fund the pre-approval and pre-commercialization activities of Zohydro™ ER, for the ongoing commercialization of Sumavel® DosePro® and for working capital and other general corporate purposes.
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