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Cempra Underwhelms in Nasdaq Debut – NCTechNews (press release)

Cempra Underwhelms in Nasdaq Debut
NCTechNews (press release)
(Chapel Hill, NC) Cempra (CEMP), a Chapel Hill pharmaceutical firm debuting in 2006, went public on the Nasdaq late last week raising $ 50.4 million in an 8.4 million share offering at $ 6 per share, well below its target range of $ 11 to $ 13.

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