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Other News To Note
Earlier this month, the company announced that it entered an asset purchase agreement under which Sekisui Chemical CoBioWorld Today | Thursday, December 2, 2010 -
Other News To Note
OncoVista said it entered a stock purchase agreement with an unnamed buyer on Oct. 28 and sold all of its shares, representing approximately 78 percent of the total issued and outstanding sharesBioWorld Today | Friday, November 12, 2010 -
Cadence Seeks to Raise $86.2M for Ofirmev Launch
Adamis Pharmaceuticals Corp., of San Diego, signed a $10 million common stock purchase agreement with Eses Holdings Ltd., a company located in the United Arab Emirates, allowing Eses to acquire 40 million shares of Adamis' common stock at 25 cents per shareBy Marie Powers | BioWorld Today | Friday, November 12, 2010 -
Other Financings Of Public Biotechnology Companies: October 2010
Lazard Capital Markets LLC served as the lead placement agent, and Roth Capital Partners LLC served as the co-placement agent for the offering (10/6) Cytomedix Inc. (AMEX:GTF) Registered direct offering 3.7S and W for 1 .8S $13 Cytomedix secured a $13M financing through a registered direct offering of shares and warrants, plus $10M and $1.5M equity purchase agreements (10/11) DARA BioSciences Inc. (DARA) Registered direct offering 0.613U $1 .4 DARA raised $1.4M in anBioWorld Insight | Monday, November 8, 2010 -
Financings Roundup
Marina Biotech Inc., of Bothell, Wash., entered a securities purchase agreement with investors to sell up to $8.7 million in common stockBioWorld Today | Monday, November 8, 2010 -
Week in Review
secured $13 million through a registered direct offering and equity purchase agreementsBioWorld Insight | Monday, October 18, 2010 -
Regeneron Raises $175.1M in Upsized Public Offering
Oxygen Biotherapeutics Inc., of Durham, N.C., entered a note purchase agreement with JP SPC 1 Vatea Segregated Portfolio in which the company agreed to issue and sell to the Vatea Fund an aggregate of $5 million of senior unsecured promissory notes in a series of closings between Oct. 31 and Dec. 31...Vatea, the company's largest shareholder, is a party to a securities purchase agreement with the company, dated June 8, 2009, and subsequently amendedBy Donna Young | BioWorld Today | Thursday, October 14, 2010 -
Cytori to Fatten its Coffers With $16.8M Stock Sale
Cytomedix Inc., of Gaithersburg, Md., has secured about $13 million in current and future funding through a registered direct offering and commitments under two separate equity purchase agreements...The securities purchase agreement with certain existing shareholders and a new institutional investor is for the sale of 3,727,677 shares of its common stock in the offering priced at 40 cents per share for non-affiliates and 53 cents for affiliatesBy Catherine Hollingsworth | BioWorld Today | Monday, October 11, 2010 -
Other Financings Of Public Biotechnology Companies: September 2010
Dynavax will receive another $28M over the next 25 months as part of the deal (9/22) EntreMed Inc. (ENMD) Securities purchase agreement N/A $5.1 EntreMed raised $5.1M through a group of investors (9/9) Genesis Biopharma Inc. (OTC BB:GNBP) Private placement of common stock and warrants 0.93S and W for 0.47S $0.7 Genesis Biopharma raised $700,000 through the private offering (9/24) Lorus Therapeutics Inc. (Canada; TSX:LOR) Rights offering 5S $5.5 Lorus raised $5.5M byBioWorld Insight | Monday, October 4, 2010 -
Other News To Note
Curaxis Pharmaceutical Corp., of Durham, N.C., and Southridge LLC, of Ridgefield, Conn., jointly announced a $25 million equity purchase agreement with institutional investor Southridge Partners IIBioWorld Today | Tuesday, September 28, 2010 -
Dynavax, Aspire enter $30M Stock Purchase Deal
The initial investment was part of a $30 million at-the-market stock purchase agreement in which Aspire Capital has committed to purchase up to an additional $28 million of Dynavax common stock over the next 25 monthsBy Catherine Hollingsworth | BioWorld Today | Wednesday, September 22, 2010 -
Financings Roundup
Aradigm Corp., of Hayward, Calif., closed its previously announced stock purchase agreement with Bagsvaerd, Denmark-based Novo Nordisk A/S. Aradigm sold 26 million shares of common stock to Novo in a private placement, eliminating a $9.1 million loanBioWorld Today | Tuesday, September 21, 2010 -
Zyngenia Adds $15M to Push Multitarget Antibodies to IND
EntreMed Inc., of Rockville, Md., entered a securities purchase agreement with a group of investors for gross proceeds of about $5.1 millionBy Jennifer Boggs | BioWorld Today | Thursday, September 9, 2010 -
Other Financings Of Public Biotechnology Companies: August 2010
it also entered a purchase agreement with MHR Fund Management LLC to sell 3.5M shares and warrants for 2.6M shares (8/30) Helix BioPharma Corp. (Canada; TSX:HBP) Private placement of units 4.53U $11 Helix closed a private placement of 4.53M units at $2.43 eachBioWorld Insight | Monday, September 6, 2010 -
2008 Biotechnology Mergers and Acquisitions
purchase agreement with Alternecare, which combines rapid home diagnostics with therapeutic nutraceutical-based solutions Amaxa AG* (Germany) Lonza Group (Switzerland; LSE:LNA) 7/3 7/3 ND Lonza acquired Amaxa, which supplies transfection technologies to the cell discovery market Apollo Cytokine Research* (Australia) Symansis* 6/25 6/25 A$0.5 ($0.48) Symansis acquired Apollo for $479,602 Applied Biosystems Group (a subsidiary of Applera Corp.; NYSE:ABI) Invitrogen Corp. (IVGN) 6/12 11/24 $6State of the Industry Report | Sunday, August 29, 2010 -
Financings Roundup
Emisphere also entered a separate securities purchase agreement with MHR Fund Management LLC, under which it will sell about 3.5 million shares and warrants for 2.6 million sharesBioWorld Today | Thursday, August 26, 2010 -
2007 Biotechnology Company Collaborations With Other Biotechnology Companies
Company* (Country; Symbol) Company* (Country; Symbol Type/Product Area Terms/Details (Date) FIRST QUARTER Accentia Bio- Revimmune Accentia acquired ex- Accentia is preparing an investigational Pharmaceuticals LLC* clusive worldwide rights new drug application for severe refractory Inc. (ABPI) to autoimmune disease multiple sclerosis and is proposing a drug Revimmune Phase III program (2/28) Advanced Cell Infigen Inc.* Agreement for intellectual A total of 26 issued patents and aState of the Industry Report | Wednesday, August 11, 2010 -
Financings Roundup
Raptor Pharmaceutical Corp., of Novato, Calif., is selling 4,897,614 units at $3.075 per unit for gross proceeds of about $15 million under a securities purchase agreement in connection with a private placementBioWorld Today | Wednesday, August 11, 2010 -
Trius Decreases Size of IPO Deal from $78M to $49M
Aradigm Corp., of Hayward, Calif., said that it has entered into a stock purchase agreement providing for the issuance of 26 million shares of the company's common stock to Novo Nordisk A/S, of Bagsvaerd, Denmark, in a private placement in exchange for eliminating a $9.1 million loan, representing an effective price per share of $0.3505By Catherine Hollingsworth | Bio Perspectives | Tuesday, August 3, 2010 -
Trius Decreases Size of IPO Deal from $78M to $49M
Aradigm Corp., of Hayward, Calif., said that it has entered into a stock purchase agreement providing for the issuance of 26 million shares of the company's common stock to Novo Nordisk A/S, of Bagsvaerd, Denmark, in a private placement in exchange for eliminating a $9.1 million loan, representing an effective price per share of $0.3505By Catherine Hollingsworth | BioWorld Today | Tuesday, August 3, 2010
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