Discovery Labs proposes common stock public offering

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Jun 17 2010

Discovery Laboratories, Inc. (Nasdaq:DSCO) today announced that it intends to offer, subject to market and other conditions, shares of its common stock and common stock purchase warrants. The warrants consist of five-year warrants and nine-month warrants. The securities are being offered in an underwritten public offering. The offering is expected to price before 9:30 a.m. EDT on June 17, 2010.

Lazard Capital Markets LLC is acting as the sole book-running manager for the offering and Boenning & Scattergood, Inc. is acting as co-manager.

SOURCE Discovery Laboratories, Inc.

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