Follow-on Offering

Healthcare
Follow-on Offering

Summary

Baird served as a co-manager in this offering

About

AMAG Pharmaceuticals, Inc. (NASDAQ:AMAG) (“AMAG” or the “Company”) recently completed a 3,600,000 share follow-on offering of its common stock at $48.25 per share. Gross proceeds from the offering totaled approximately $173.7 million. The Company intends to use the net proceeds of this offering for general corporate purposes, including working capital, research and development expenditures, sales and marketing expenditures, and business development activities, including the potential acquisition or in-licensing of additional assets. The Company offered all of the 3,600,000 shares of common stock and has granted the underwriters an option to purchase an additional 540,000 shares to cover over-allotments.

AMAG Pharmaceuticals, Inc. is a biopharmaceutical company that utilizes its proprietary technology for the development and commercialization of a therapeutic iron compound to treat iron deficiency anemia and novel imaging agents to aid in the diagnosis of cancer and cardiovascular disease. On June 30, 2009, AMAG received approval from the U.S. Food and Drug Administration to market Feraheme(R) (ferumoxytol) Injection for intravenous use for the treatment of iron deficiency anemia in adult chronic kidney disease patients.

For additional information about this transaction, please contact:

Frank Stokes (704) 553-6610
Greg Ingram (415) 627-3279
Ryan Mausehund (650) 858-3817
Travis Lacey (312) 609-4935
Healthcare
Follow-on Offering
Date
January 2010
Company
AMAG Pharmaceuticals, Inc.
Transaction
M&A
Sectors
Healthcare
Target Location
North America

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