TITLE

Financings Roundup

PUB. DATE
May 2009
SOURCE
BioWorld Today;5/21/2009, Vol. 20 Issue 97, p10
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the consummation by Generex Biotechnology Corp. of a $5 million registered direct offering of the company's common stock to selected accredited investors. The offering of the company's common stock is said to have been at discount, had no warrant coverage and covers about 9.24 percent of the issued and outstanding shares of the company. Proceeds will be used to fund the trial of an oral insulin spray product, and the development of vaccines for cancers and influenzas.
ACCESSION #
40105912

 

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