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Synta Raises $52M in Offering to Fund Ganetespib’s Phase III

By Randy Osborne
Staff Writer

Wednesday, November 13, 2013
Synta Pharmaceuticals Corp.’s new money from a public offering – about $52.5 million in gross proceeds – will fuel an expanded Phase III push with the heat-shock protein 90 inhibitor ganetespib in non-small-cell lung cancer (NSCLC).

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