UPDATE-Hansen Medical, NPS Pharma price offerings at discount

* Hansen offers 14 mln shares at $2.00 each

* NPS Pharma prices 9 mln common shares at $5.50 apiece

* Hansen shares falls 19 pct, NPS shares down 4 pct

April 16 (BestGrowthStock) – Hansen Medical Inc (HNSN.O: ) and NPS
Pharmaceuticals Inc (NPSP.O: ) priced their share offerings at
discount, sending their shares down in morning trade Friday.

Hansen priced its 14 million share offering at $2.00 each,
a 21 percent discount to the stock’s close on Thursday.

The company also granted the underwriter an over-allotment
option of 2.1 million shares.

Separately, NPS priced its public offering of 9 million
common shares at $5.50 per share, or at a discount of about 12
percent to its Thursday close.

The company said it expects net proceeds of about $46.2
million from the offering.

Both the share issues are expected to close on April 21.

Shares of Hansen Medical fell as much as 19 percent to
$2.06, but pared some of their losses and were down 35 cents at
$2.18 in morning trade on Nasdaq. NPS shares were down 4
percent at $6.00.

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(Reporting by Krishnakali Sengupta in Bangalore; Editing by
Gopakumar Warrier) (([email protected];
within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800;
Reuters Messaging:
[email protected]))

UPDATE-Hansen Medical, NPS Pharma price offerings at discount