Cortex Pharmaceuticals Inc. announced Thursday that it hasclosed on the sale of 13.75 million shares of common stock at$1 per share. The Irvine, Calif., company (NASDAQ:CORX)announced the purchase agreements last month (see BioWorld,Nov. 10). Billionaire George Soros was the primary investor,acquiring an 18 percent stake in the company through hisQuantum Fund.

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