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Osiris Therapeutics prices at low end of range

August 4, 2006

Early Friday morning, Osiris Therapeutics, which is developing stem cell therapies for inflammatory, orthopedic and cardiovascular disorders, announced the completion of its 3.5 million share IPO. The deal priced at $11 per share, the low end of its proposed $11 to $13 price range. Jefferies was the lead underwriter on the deal. The stock is expected to being trading on the NASDAQ under the ticker OSIR on Friday.