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ARTICLE | Financial News

Vivus raises $23.6 million

November 21, 2006 1:18 AM UTC

VVUS raised $23.6 million through a registered direct offering of 6.8 million shares at $3.50, which is a 5% discount to VVUS's close of $3.70 on Friday. Caxton Advantage led the financing, which incl...