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Financings Roundup

Banking on Fostamatinib, Rigel Seeks to Raise $130M

By Catherine Shaffer
Staff Writer

Wednesday, October 3, 2012

A public offering worth $130 million will extend Rigel Pharmaceuticals Inc.'s cash runway through potential approval of its lead product, fostamatinib. The South San Francisco-based company will offer about 13.7 million shares of common stock at $9.50 per share, to close on or about Oct. 9.

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