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NPS Pharmaceuticals announces public stock offering

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NPS Pharmaceuticals Inc., of Bedminster, on Monday announced it has begun an underwritten public offering of 6 million shares of its common stock.

According to an announcement, NPS intends to grant its a 30-day option to purchase up to 900,000 additional shares of its common stock to cover over-allotments, if any. The offering is subject to market and other conditions.

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