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Acceleron raises additional funds in common stock offering

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Acceleron raises additional funds in common stock offering

Acceleron Pharma Inc. said the underwriters for its previously announced offering fully exercised their overallotment option to buy an additional 810,810 common shares at $37 apiece.

The total net proceeds from the offering now stand at $215.8 million.

J.P. Morgan Securities LLC, Citigroup and Leerink Partners LLC acted as the joint book-running managers for the offering.