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August 14th, 2006
BioSante Pharmaceuticals Reports Financial Results
Abstract:
BioSante Pharmaceuticals, Inc. (AMEX:BPA) today reported its financial results for the second quarter and six months ended June 30, 2006. As previously announced, BioSante completed a private placement subsequent to the end of its second quarter, which resulted in net proceeds to BioSante of $7.2 million, resulting in a cash balance of approximately $11.0 million on July 31, 2006.
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