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InterMune prices $68 million public offering of common stock

Biotechnology company InterMune has announced the pricing of its underwritten public offering of 3.5 million shares of newly issued common stock at a price to the public of $19.50 per share.

InterMune has also granted the underwriters a 30-day option to purchase up to an additional 525,000 shares of common stock. All of the shares in the offering are being sold by InterMune.

Goldman, Sachs & Company is acting as the sole book-running manager of the offering. Deutsche Bank Securities is acting as co-lead manager and CIBC World Markets is acting as co-manager of the offering.