Search Results for: Clinical Roundup
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Transcept Seeks $40.5M to Attack Trio of Business Goals
is seeking to raise $40.5 million in an underwritten public offering of 4.5 million shares of common stock as the company turns its attention to TO-2061, a low-dose formulation of ondansetron as adjunctive treatment for obsessive compulsive disorder (OCD...Assuming that we succeed, of course, at that point we plan to sit down with the FDA to determine what they're going to want in the balance of the clinical program," Oclassen saidBy Marie Powers | BioWorld Today | Friday, April 27, 2012 -
miRagen Moves to Next Level with $20M Series B
If this pivotal preclinical study pans out, we'll try to move into human clinical trials as soon as feasible," Marshall said...and a 2.5-year warrant to buy up to about 3.5 million shares of common stock at an exercise price of $1.18 per share...Rodman & Renshaw LLC acted as exclusive placement agent.By Catherine Shaffer | BioWorld Today | Wednesday, April 25, 2012 -
Financings Roundup
ArQule Inc., of Woburn, Mass., plans to sell 6 million shares of common stock in an underwritten public offering, which would bring in about $49 million based on Monday's closing price...Proceeds will be used for clinical trials, such as the Phase III trials of tivantinib in lung cancer, and for general corporate purposesBioWorld Today | Wednesday, April 11, 2012 -
ThromboGenics Extends Runway with $103.2M Raise
The company is splitting the cost of ocriplasmin's clinical development in additional indications, including age-related macular degeneration and diabetic retinopathy, on a 50/50 basis with Alcon...Each unit consists of one share of common stock and a warrant to purchase one shareBy Marie Powers | BioWorld Today | Friday, March 30, 2012 -
Promethera Brings in $23M for Liver Stem Cell Therapy
The condition can vary in severity and has easily assessed markers of clinical benefit...Net proceeds totaling about $7.2 million will be used for general corporate purposes, including clinical trial expenses and R&D expenses...The funds will be used to develop PRX 302, a candidate for benign prostatic hyperplasia.By Cormac Sheridan | BioWorld Today | Thursday, March 29, 2012 -
Tesaro Files for $86M IPO to Advance CINV Drug Rolapitant
The shares will be converted into common stock immediately prior to the IPO's closing...The securities are subject to a four-month holding period.By Marie Powers | BioWorld Today | Tuesday, March 27, 2012 -
Durata Proposes $86M IPO for Infectious Disease Candidate
It will use proceeds of approximately $86 million to complete clinical development of dalbavancin, to fund commercialization activities for the product in the U.S...Durata had 500,000 shares of common stock outstanding on Feb. 29, and 77,197,936 additional shares issuable upon automatic conversion of all series A preferred stockBy Catherine Shaffer | BioWorld Today | Monday, March 26, 2012 -
Financings Roundup
Holders of the biotech's common stock and Series A warrants will be eligible to purchase one unit for each share of stock owned or issuable, with each unit consisting of one-half of a common share and a warrant to purchase an additional one-quarter of a common share...Proceeds will support clinical trials of cancer metabolism programs ME-344 and ME-143BioWorld Today | Tuesday, March 20, 2012 -
Financings Roundup
Celldex Therapeutics Inc., of Needham, Mass., said underwriters of its public offering of common stock exercised in full their overallotment option to purchase an additional 1,575 million shares at $3.85 each...Celldex expects to use net proceeds from the offering, including the overallotment option, to fund clinical trials of its product candidates and for other corporate purposesBioWorld Today | Friday, March 16, 2012 -
HemaQuest Expands Series B, Adds $13M for Sickle Cell Drug
We're looking at the prevention of all the clinical signs associated with sickle cell disease – primarily the frequency of pain crises in these patients," Longenecker told BioWorld Today...The company issued Series G convertible preferred stock, without warrants, convertible into common stock at 40 cents per shareBy Marie Powers | BioWorld Today | Tuesday, March 13, 2012 -
Aastrom Brings in $40M for Recently Launched CLI Trial
Those shares are convertible into common stock after March 8, 2017, at a rate of 1,000 common shares for one preferred share...Funds are expected to support ongoing business development and clinical efforts and for general corporate purposesBy Staff Reports | BioWorld Today | Monday, March 12, 2012 -
Aragon Moves Cancer Pipeline Forward with $42M Series C
The data were presented last month at the 2012 American Society for Clinical Oncology Genitourinary Cancers Symposium...Enrollment in the Phase II portion of the study is complete, Heyman added, and clinical data are expected later this year...On Monday, the company's shares (OTCQB:ELTP) closed unchanged, at 10 cents.By Marie Powers | BioWorld Today | Tuesday, March 6, 2012 -
Amicus Doubles Cash in $57M Offering; Amigal Data in 3Q12
LLC exercise their full overallotment option – are expected to support ongoing clinical development, particularly work on Amigal (migalastat HCl), which is in Phase III testing as a monotherapy for Fabry disease and in Phase II trials in combination with enzyme replacement therapy (ERT...TG Therapeutics Inc., of New York, said it closed a $25 million financing, with proceeds primarily going to support clinical development of ublituximab, a third-generation chimeric monoclonal antibody licensed fromBy Jennifer Boggs | BioWorld Today | Monday, March 5, 2012 -
Vivus' Post-Panel Stock Surge Prompts Hefty Public Offering
Horizon Pharma Inc., of Deerfield, Ill., is bringing in $50.8 million in a private placement of about 14 million units – each comprising one share of common stock and a warrant to purchase 0.25 shares – priced at $3.62125 apiece...Proceeds are expected to fund R&D costs for the firm's Cell Pouch System, including the upcoming first clinical trial in diabetics receiving an islet transplant...Funds will be used to support ongoing drug development activities and for general corporate purposes and workingBy Jennifer Boggs | BioWorld Today | Thursday, March 1, 2012 -
Financings Roundup
Cempra Inc., of Chapel Hill, N.C., said underwriters of its initial public offering exercised in full their option to purchase an additional 1.26 million shares of common stock at $6 per share, closing the overallotment on Feb. 27 and netting the company about $54.7 million from the offering...The company said the funds will allow it to complete clinical development of two late-stage programs in bone cancer and pancreatic cancer through the new drug applicationsBioWorld Today | Wednesday, February 29, 2012 -
Satori Raises $15M for AD Platform, Looks to File IND
Serendipitously, independent clinical studies of the antecedent biomarkers of AD seem to have corroborated Satori's approach, he added...Currently, DARA has 7 million shares of common stock outstandingBy Marie Powers | BioWorld Today | Friday, February 24, 2012 -
Start-Up Vascular Magnetics Lands $7M Series A for PAD
The magnet used is relatively small, only one-fifteenth the field strength of a typical clinical MRI...Access Pharmaceuticals Inc., of Dallas, filed an S-1 with the SEC seeking to raise $10 million through a registered public offering of common stock and warrants...and Summer Street Research Partners acted as joint book-running managers.By Catherine Shaffer | BioWorld Today | Thursday, February 23, 2012 -
Financings Roundup
Alexza Pharmaceuticals Inc., of Mountain View, Calif., said it priced a $22 million public offering, selling 44 million shares of common stock at 50 cents apiece, a 29 percent discount to Thursday's closing price...Funds are expected to allow the firm to start a planned clinical study of its Cell Pouch product in diabetic patients receiving islet cell transplantationBioWorld Today | Tuesday, February 21, 2012 -
Protalix Prices $23.6M Public Offering for ProCellEx Pipeline
Proceeds will support clinical trials for product candidates, including Fabry disease therapeutic PRX-102...The CRL requested additional clinical trial data and information about chemistry, manufacturing and controls, testing specifications and assay validation...Halozyme Therapeutics Inc., of San Diego, completed its public offering of 7.8 million shares of common stock, including about 1 million shares sold to cover overallotments, priced at $10.61 eachBy Catherine Shaffer | BioWorld Today | Friday, February 17, 2012 -
Ahead of Alpharadin Filings, Algeta Seeks $45M Financing
common stock, and the merged company is now quoted on the OTCQB under the symbol "ONVO...The specialty pharma firm also improved its interest terms.By Cormac Sheridan | BioWorld Today | Wednesday, February 15, 2012
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