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BioSante Pharmaceuticals closes $18 M registered direct offering to fund LibiGel for female sexual dysfunction.

Chemical Business Newsbase

| December 31, 2010 | COPYRIGHT 2000 Elsevier Engineering Information, Inc. (Hide copyright information)Copyright

On 31 Dec 2010 BioSante Pharmaceuticals Inc announced the closing of a previously announced sale of an aggregate of $18 M of securities in a registered direct offering. BioSante received net proceeds of approximately $16.9 M after deducting placement agent fees and other offering expenses. BioSante sold an aggregate of approximately 10.6 M shares of its …

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