Derma Sciences ~ $6,500,000 Common Stock ~ April 2006
Derma Sciences, Inc., based in Princeton, New Jersey, manufactures, markets and distributes three related dermatologic product lines: Wound Care (both traditional and advanced), Specialty Fixation and Wound Closure Devices and Skin Care and Bathing.
Derma turned to Taglich Brothers to raise $6.5 million in a private placement of Common Stock and Warrants with institutional and accredited individual investors. This capital was used to facilitate the financing of the company’s acquisition of Western Medical LTD.
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