Medicure raises $40 million in offering, deal

Medicure (TSX:MPH; MCU) raised US$15 million in a private placement of 13 million shares at US$1.15, which is a 7% discount to MCU's close of US$1.23 on AMEX on Monday. Investors also received five-year warrants to purchase 3.9 million shares at US$1.50. Leerink; AG Edwards; Merriman Curhan Ford; and RBC Capital Markets served as financial advisors. ...