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Home > News > BioSante Announces $7.6M Private Placement of Common Stock

July 10th, 2006

BioSante Announces $7.6M Private Placement of Common Stock

Abstract:
BioSante Pharmaceuticals, Inc. (Amex:BPA) today announced that it has entered into definitive agreements with institutional and other accredited investors with respect to the private placement of 3,812,978 shares of its common stock at a purchase price of $2.00 per share, for gross proceeds of $7,625,956, before payment of placement agent commissions and offering expenses.

Source:
businesswire

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