A story on BioTransplant Inc. in the July 31, 2002, issue of BioWorld Today should have reported that the company's restructuring would give it sufficient cash through late third quarter 2003. Also, the company completed a 4-million-share offering at $2.50 each for net proceeds of $9.7 million in June. The story understated the company's cash position and how long the cash was expected to last.

Editor's note: The correction has been made in BioWorld Online.

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