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Adams Respiratory Therapeutics, Inc.

Pharmaceutical firm sets price for public offering

Published in Pharma Investments, Ventures and Law Weekly, August 28th, 2005

Adams Respiratory Therapeutics, Inc., (ARXT) announced the pricing of its initial public offering of 7,950,000 shares of its common stock at a price of $17.00 per share. Of the 7,950,000 shares being sold in the offering, 5,697,000 are being sold by Adams and 2,253,000 are being sold by certain selling stockholders.

In addition, Adams has granted to the underwriters a 30-day over-allotment option to purchase up to an additional 1,192,000 shares. The Adams common stock is expected to begin trading on the Nasdaq National Market on July 21, 2005, under the symbol "ARXT."

The proceeds to Adams from the offering are expected to be approximately $87.7...

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