camobs schreef:
GTC files plans to raise $50M
Friday October 21, 12:07 pm ET
GTC Biotherapeutics Inc. plans to raise up to $50 million in the coming months to help fuel product development and clinical trials.
Framingham, Mass.-based GTC (Nasdaq: GTCB - News) announced on Friday that it may raise up to that amount through sales of common stock, debt or other securities. The company filed a shelf registration statement with the U.S. Securities and Exchange Commission outlining its intention.
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GTC announced in August that it had planned to raise between $8 million and $13 million in a private stock sale.
In September, the company announced it had agreed to produce more of the compound MM-93 for Merrimack Pharmaceuticals Inc., Merrimack's lead compound and a potential rheumatoid arthritis treatment.
GTC is developing therapeutic protein-based drugs and is also using its technology to help partners develop their own products.
Published October 21, 2005 by the Boston Business Journal
biz.yahoo.com/bizj/051021/1181196.htm...groet
Beleg er wel niet in, maar ach vooruit, hier je bron. Lache niet.