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BioScrip Prices Underwritten Offering Of Common Stock

ELMSFORD, N.Y., April 19, 2013 /PRNewswire/ -- BioScrip, Inc. (NASDAQ: BIOS) (the "Company" or "BioScrip") today announced the pricing of an underwritten offering of 12,500,000 shares of its common stock at a price to the public of $12.00 per share, including 3,125,000 shares of common stock offered by certain selling stockholders. The Company will not receive any proceeds from the sale of shares of common stock by the selling stockholders. After payment of the underwriting discount and estimated offering expenses, the Company expects to receive net proceeds of approximately $106.5 million.  Jefferies LLC, Morgan Stanley & Co. LLC and SunTrust Robinson Humphrey, Inc., are acting as joint book-running managers. Dougherty & Company and Noble Financial Capital Markets are acting as co-managers. The Company and the selling stockholders have granted the underwriters an option for a period of 30 days to purchase up to an additional 1,875,000 shares of the Company's common stock. 

(Logo: http://photos.prnewswire.com/prnh/20130117/NY44138LOGO)

The securities described above are being offered by BioScrip and the selling stockholders pursuant to a registration statement previously filed and declared effective by the Securities and Exchange Commission (the "SEC"). A preliminary prospectus supplement and accompanying prospectus relating to the offering have been filed with the SEC and are available on the SEC's website at http://www.sec.gov.  Copies of the final prospectus supplement and accompanying prospectus relating to this offering, when available, may be obtained from: Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, 12th Floor, New York, New York, 10022, Telephone: 877-547-6340, Email: Prospectus_Department@Jefferies.com; Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, New York 10014, Attention: Prospectus Department, Telephone: 866-718-1649, Email: prospectus@morganstanley.com; or SunTrust Robinson Humphrey, Attention: Prospectus Department, 3333 Peachtree Rd. NE, Atlanta, Georgia 30326, Telephone: 404-926-5744, Email: STRH.Prospectus@SunTrust.com.

This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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