Turning to Endocyte's fundamentals, ... I wouldn't expect a major secondary offering to be forthcoming in the near-term
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Endocyte launches 4.5M-share offering • 5:10 PM
Endocyte's (ECYT) offering would yield gross proceeds of $121.5M at current levels. Underwriters will have a 675K-share overallotment option. (PR) The drug developer had $159M in cash/investments at the end of 2013, and no debt. ECYT -0.7% AH