August 2, 2007 / 8:13 PM / in 10 years

Sucampo says IPO priced at $11.50 a share

Aug 2 (Reuters) - Sucampo Pharmaceuticals Inc. (SCMP.O) said the initial public offering of 3.75 million class A common shares was priced at $11.50 a share.

    The pharmaceutical company is selling 3.125 million shares, while 0.63 million shares are being sold by a selling stockholder.

    In July, the company had set its IPO at an estimated price of $14 to $16 a share. (Reporting by Aradhana Aravindan in Bangalore)

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