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news.Hansen Medical, a developer and manufacturer of medical robotics, has priced its public offering of 11.69 million shares of its common stock at a price of $3.25 per share.
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The gross proceeds to Hansen Medical, before expenses, from the sale of shares are expected to be $37.99 million.
The closing of the offering is expected to take place on April 22, 2009. Piper Jaffray & Co will be the sole manager for the offering.