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NexMed raises $8.27M from private placement.

Publication: Pharma Marketletter
Publication Date: 28-JUN-04
Format: Online
Delivery: Immediate Online Access
Full Article Title: NexMed raises $8.27M from private placement.(Brief Article)

Article Excerpt
USA-based NexMed, a developer of transdermal treatments based on its NexACTr drug delivery technology, has raised $8.27 million from a private placement of its securities to 16 institutional investors.

The company sold 5,516,668 shares of its common stock at $1.50 each, and investors are also to receive five-year warrants...



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PTC Therapeutics closes $50M private placement.(Brief Article), June 28, 2004

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