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 Biotech / Medical : Medicis

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To: Carlos Ferreira who wrote (264)2/6/1998 11:09:00 PM
From: Carlos FerreiraRead Replies (1) of 288
 
Medicis Pharma 4M Class A Shares Priced At $48.25

NEW YORK (Dow Jones)--An offering of 4 million class A shares of
Medicis Pharmaceutical Corp. (MDRX) was priced at $48.25 each
through underwriters led by BancAmerica Robertson Stephens & Co.

The size of the offering was increased from the originally planned 3 million
shares.

Gross spread is $2.53, selling concession is $1.45 and reallowance is 10
cents. Delivery is scheduled for Feb. 11.
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