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Derma Sciences closes $86M offering

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Princeton-based tissue regeneration company Derma Sciences announced Wednesday its completion of an $86 million public offering.

According to the announcement, the underwritten public offering of 7.5 million shares, including the exercise of the underwriters' option, resulted in total net proceeds to the Company were approximately $80.7 million after deducting the underwriting discount and estimated offering expenses.

The company first announced the offering last week.

RELATED: Princeton Derma Science hiring to support product launches

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