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Chronological Index of BioCentury, Week in Review: Financial News

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  • Novelos amends private placement of units

    Novelos Therapeutics Inc. (OTCQX:NVLT), Newton, Mass. Business: Cancer, Infectious Date announced: 5/14/12 Type: Private placement of units To be raised: Up to $23 million Units: 5 million Price prior: $0.86 Placement …

    Published on 5/21/2012
  • Arena completes follow-on

    Arena Pharmaceuticals Inc. (NASDAQ:ARNA), San Diego, Calif. Business: Endocrine/Metabolic, Neurology, Cardiovascular Date completed: 5/16/12 Type: Follow-on Raised: $60.5 million Shares: 11 million Price: $5.50 Shares …

    Published on 5/21/2012
  • Cellceutix completes private placement of convertible preferred stock

    Cellceutix Corp. (OTCQB: CTIX), Beverly, Mass. Business: Cancer, Autoimmune, Inflammation Date completed: 5/14/12 Type: Private placement of convertible preferred stock Raised: $100,000 Shares: 10,000 Price: $1,000 …

    Published on 5/21/2012
  • Cytos completes private placement

    Cytos Biotechnology AG (SIX: CYTN), Schlieren, Switzerland Business: Neurology, Inflammation, Cardiovascular Date completed: 5/15/12 Type: Private placement Raised: CHF23.7 million ($25.5 million) Shares: 12.7 million …

    Published on 5/21/2012
  • Cytos completes private placement of senior convertible notes

    Cytos Biotechnology AG (SIX: CYTN), Schlieren, Switzerland Business: Neurology, Inflammation, Cardiovascular Date completed: 5/15/12 Type: Private placement of senior convertible notes Raised: CHF6.6 million ($7.1 …

    Published on 5/21/2012
  • Cytos completes rights offering

    Cytos Biotechnology AG (SIX: CYTN), Schlieren, Switzerland Business: Neurology, Inflammation, Cardiovascular Date completed: 5/10/12 Type: Rights offering Raised: CHF3.2 million ($3.4 million) Shares: 1.7 million Price:…

    Published on 5/21/2012
  • Gamida Cell completes venture financing

    Gamida Cell Ltd., Jerusalem, Israel Business: Hematology, Cardiovascular, Neurology Date completed: 5/15/12 Type: Venture financing Raised: $10 million Investors: Clal Biotechnology Industries; Elbit Imaging; Israel …

    Published on 5/21/2012
  • Intercell completes debt financing

    Intercell AG (VSE:ICLL; OTCQX: INRLY), Vienna, Austria Business: Infectious Date completed: 5/14/12 Type: Debt financing Raised: 20 million ($25.8 million) Investor: BB Biotech Note: The six-year secured loan bears …

    Published on 5/21/2012
  • Intercell completes private placement

    Intercell AG (VSE:ICLL; OTCQX: INRLY), Vienna, Austria Business: Infectious Date completed: 5/14/12 Type: Private placement Raised: 15.2 million ($19.5 million) Shares: 6.6 million Price: 2.30 Shares after offering: 55.…

    Published on 5/21/2012
  • Marshall Edwards completes rights offering of units

    Marshall Edwards Inc. (NASDAQ: MSHL), San Diego, Calif. Business: Cancer Date completed: 5/14/12 Type: Rights offering of units Raised: $5.2 million Units: 11.7 million Price: $0.45 (unit) Shares after offering: 20.5 …

    Published on 5/21/2012
  • Medicis completes private placement of senior convertible notes

    Medicis Pharmaceutical Corp. (NYSE:MRX), Scottsdale, Ariz. Business: Dermatology Date completed: 5/11/12 Type: Private placement of senior convertible notes Raised: $450 million Underwriters: Deutsche Bank; JPMorgan …

    Published on 5/21/2012
  • Quest Pharma completes private placement

    Quest PharmaTech Inc. (TSX-V:QPT), Edmonton, Alberta Business: Dermatology, Cancer, Diagnostic Date completed: 5/14/12 Type: Private placement Raised: C$500,000 ($498,500) Shares: 5 million Price: C$0.10 Shares after …

    Published on 5/21/2012
  • Regenerative Sciences completes venture financing

    Regenerative Sciences Inc., Broomfield, Colo. Business: Gastrointestinal Date completed: 5/14/12 Type: Venture financing Raised: $2 million Investor: Private investor

    Published on 5/21/2012
  • Regentis Biomaterials completes venture financing

    Regentis Biomaterials Ltd., Or-Akiva, Israel Business: Musculoskeletal Date completed: 5/14/12 Type: Venture financing Raised: $10 million Investors: Royal DSM N.V.; Crossroad Fund; Medica Venture Partners; SCP Vitalife…

    Published on 5/21/2012
  • SQI Diagnostics completes private placement of units

    SQI Diagnostics Inc. (TSX-V:SQD), Toronto, Ontario Business: Diagnostic Date completed: 5/17/12 Type: Private placement of units Raised: C$4.9 million ($4.9 million) Units: 2.8 million Price: C$1.75 (unit) Shares after …

    Published on 5/21/2012
  • Stellar Pharmaceuticals completes debt financing

    Stellar Pharmaceuticals Inc. (OTCQB: SLXCF), London, Ontario Business: Autoimmune, Genitourinary, Diagnostic Date completed: 5/14/12 Type: Debt financing Raised: $3.5 million Placement agent: Bloom Burton Shares …

    Published on 5/21/2012
  • Aeterna Zentaris financial update

    Aeterna Zentaris Inc. (TSX: AEZ; NASDAQ:AEZS), Quebec City, Quebec Business: Endocrine/Metabolic, Cancer Date announced: 5/16/12 Aeterna Zentaris received notice from NASDAQ indicating that the company is not in …

    Published on 5/21/2012
  • Axonia Medical financial update

    Axonia Medical Inc., Kalamazoo, Mich. Business: Transplant Date announced: 5/10/12 Axonia Medical raised $1 million in the second close of a seed financing, bringing the total raised to $2 million. The financing was led…

    Published on 5/21/2012
  • CytRx financial update

    CytRx Corp. (NASDAQ:CYTR), Los Angeles, Calif. Business: Cancer, Neurology Date announced: 5/15/12 CytRx implemented a 1-for-7 reverse stock split. Following the split, the company has about 21.3 million shares …

    Published on 5/21/2012
  • D. Medical Industries financial update

    D. Medical Industries Ltd. (NASDAQ:DMED; Tel Aviv: DMED), Tirat Carmel, Israel Business: Drug delivery, Endocrine/Metabolic Date announced: 5/10/12 D. Medical received notice from NASDAQ indicating that the company is …

    Published on 5/21/2012
  • Helix BioMedix financial update

    Helix BioMedix Inc. (OTCQB: HXBM), Bothell, Wash. Business: Dermatology, Pulmonary, Infectious Date announced: 5/11/12 Helix BioMedix disclosed in its 1Q12 earnings that it secured a $2 million line of credit with …

    Published on 5/21/2012
  • Kleiner Perkins Caufield & Byers financial update

    Kleiner Perkins Caufield & Byers, Menlo Park, Calif. Business: Finance Date announced: 5/17/12 Kleiner Perkins Caufield & Byers closed its $525 million KPCB XV fund. The fund will invest in early stage digital consumer …

    Published on 5/21/2012
  • MannKind financial update

    MannKind Corp. (NASDAQ: MNKD), Valencia, Calif. Business: Endocrine/Metabolic, Cancer Date announced: 5/9/12 MannKind extended the maturity date to July 1, 2013, from March 31, 2013, for its $350 million loan with …

    Published on 5/21/2012
  • Prolor financial update

    Prolor Biotech Inc. (NYSE-A:PBTH; Tel Aviv:PBTH), Ness Ziona, Israel Business: Endocrine/Metabolic, Hematology Date announced: 5/16/12 Prolor raised $4.9 million through the sale of 975,000 shares at $5 to cover the …

    Published on 5/21/2012
  • Questcor financial update

    Questcor Pharmaceuticals Inc. (NASDAQ:QCOR), Union City, Calif. Business: Neurology, Autoimmune Date announced: 5/16/12 Questcor said its board authorized the repurchase of an additional 5 million of the company's …

    Published on 5/21/2012

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