News

DiaGenic raises NOK 9.35 million in share placement

Country
Norway

DiaGenic ASA said that it has raised NOK 9.35 million ($1.54 million) through the placement of 2.5 million new shares with investors at a price of NOK 3.74 per share. The placement coincides with its plans to launch two diagnostic products in Europe.

NicOx gives regulatory update for naproxcinod

Country
France

NicOx SA has confirmed its plans to submit regulatory applications in the US and Europe by the end of 2009 for its anti-inflammatory agent, naproxcinod, which has been developed to relieve the signs and symptoms of osteoarthritis.

RXi Pharmaceuticals to raise $8.3 million

Country
United States

A US company that is investigating therapeutics based on RNA interference (RNAi) has reached agreement with investors to raise $8.3 million in a public offering on Nasdaq. The company, RXi Pharmaceuticals Corp, went public in March 2008.