Blech raises more money

Blech raises more money New York investor David Blech continued his fund-raising activities last week, selling 4.5 million shares of Bio-Technology General Corp. to institutional investors at $2.375 on Friday. The price was a 17 percent discount to the Thursday close.

The sale raised $10.7 million for Blech, who the previous week raised about $10.4 million through the sale

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