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Biotech / Medical : Vion (formerly Oncorx) interesting play on Gene Therapy

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To: Jim Oravetz who wrote (190)5/11/2000 9:51:00 PM
From: Jim Oravetz  Read Replies (1) of 370
 
Vion Pharmaceuticals Inc. (VION) received $750,000
in additional funding from the redemption of its Class B warrants, bringing the total proceeds to the
company from the exercise of the warrants to $15.8 million.

In a press release Thursday, Vion said a total of 2.62 million Class B warrants have been exercised.

As a result of several recent financial transactions, the biopharmaceutical company now has cash resources of about $28.8 million.

Elliott Associates, L.P. files Form 4 -Cashed in warrants, B
712 Fifth Avenue
New York, New York 10019

Securities Acquired (A) or Disposed of (D)
Amount: 78,132
(A) or (D): A
Price: $6.23
5. Amount of Securities Beneficially Owned at End of Month
1,294,944

Jim
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