Magainin Pharmaceuticals Inc. said Tuesday that it has filed aregistration statement with the Securities and ExchangeCommission for a proposed public offering of 3.5 million sharesof common stock.

The offering is being managed by Hambrecht & Quist Inc.,Smith Barney, Harris Upham & Co. and S.G. Warburg SecuritiesInc.

Stock in the Plymouth Meeting, Pa., company (NASDAQ:MAGN)was unchanged on Tuesday at $6.

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