Peregrine closes institutional investment deal

AuntMinnie.com staff writers

Aug 13, 2002

Biopharmaceutical firm Peregrine Pharmaceuticals has closed an offering for $2.9 million shares of its common stock in exchange for $1.8 million from an institutional investor. With the new investment, the Tustin, CA-based firm said it now has $10 million in cash to fund its clinical trials, contract-manufacturing operations, and R&D. The shares were sold pursuant to the company’s shelf registration statement on Form S-3, filed with the U.S. Securities and Exchange Commission.

By AuntMinnie.com staff writers
August 14, 2002
Related Reading

Peregrine lands $5.75 million investment, November 19, 2001

Biopharmaceutical firm Peregrine hawks new agents, September 19, 2001

Copyright © 2002 AuntMinnie.com

$ChatGPT powered by GPT-4 and using DALL-E−3 was asked to generate an image for teaching purposes that demonstrated: a nuclear medicine bone scan with skeletal metastases (top left); coronary artery disease (top right); an F-18 FDG-PET scan of the brain with Alzheimer's disease (bottom left); and an x-ray showing a fracture (bottom right). These are misleading for educational purposes and for patients who may be searching for information. Image and caption courtesy of Radiography.$

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