Intra-Cellular Therapies, a company that makes medicine, wants to sell more of its shares (small pieces of the company) to people who want to invest. They are telling everyone about this plan and asking for permission from some important organizations before they can do it. Read from source...
1. The title is misleading and sensationalized, as it implies that Intra-Cellular Therapies has already announced the public offering of common stock, when in reality they have only proposed it. This creates a false sense of urgency and excitement among readers who might not be aware of the difference between proposing and announcing an offering.
2. The article does not provide any details on why Intra-Cellular Therapies needs to raise capital through a public offering, or what they plan to use it for. This information is important for investors and potential shareholders who want to understand the company's strategy and growth prospects.
3. The article does not mention any financial metrics or performance indicators that would help readers assess the company's valuation, profitability, or competitive advantage in its market segment. For example, it does not provide revenue, earnings, cash flow, or market share figures for Intra-Cellular Therapies or its rivals.
4. The article uses vague and ambiguous language to describe the company's products and services, such as "biopharmaceutical company founded on Nobel prize-winning research that allows us to understand how therapies affect the inner-workings of cell". This statement is unclear, overly general, and does not explain what kind of therapies or diseases the company is targeting, or how its products are different or better than existing ones.
5. The article ends with a boilerplate paragraph that repeats information already provided in the previous sections, such as the names and contact details of the underwriters involved in the offering, and the disclaimer that the press release is not an offer to sell or a solicitation of an offer to buy the securities. This paragraph does not add any value or relevance to the article, and could be omitted without affecting the readers' understanding or decision-making process.