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Biotech / Medical : Aurora Biosciences (ABSC)

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To: jay silberman who wrote ()3/24/2000 8:38:00 AM
From: Cooters   of 359
 
Aurora Biosciences Withdraws Follow-On Public Offering

SAN DIEGO, March 24 /PRNewswire/ -- Aurora Biosciences Corporation (Nasdaq: ABSC) announced today that in light of current market conditions, it has determined not to proceed with its proposed follow-on public offering. On Friday, March 17, 2000, Aurora Biosciences filed a registration statement with the Securities and Exchange Commission relating to a proposed public offering of 3,100,000 shares of common stock. Aurora Biosciences will file an application with the Securities and Exchange Commission to withdraw the filing of the registration statement.

Aurora designs, develops and commercializes advanced drug discovery technologies, services and instrumentation to accelerate the discovery of new medicines. SOURCE Aurora Biosciences Corporation
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