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Synairgen Raises £6.35M for Asthma, COPD Work

By Nuala Moran

Wednesday, June 3, 2009
LONDON - Synairgen plc has succeeded in raising £6.35 million (US$10.3 million) in a placing of 37 million shares at a minimal discount of 4.23 percent to fund proof-of-concept trials for inhaled interferon beta in treating exacerbations of asthma and chronic obstructive pulmonary disorder (COPD) caused by the common cold virus. (BioWorld International)

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