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Biotech / Medical : Seattle Genetics (SGEN)

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To: nigel bates who wrote (23)5/16/2003 1:17:50 PM
From: Mike McFarland  Read Replies (1) of 161
 
SGEN is up about 50% over the past five sessions.

May 13, 2003-- Seattle Genetics, Inc. (Nasdaq:SGEN)
announced today that it has entered into a definitive
purchase agreement for the sale of $40 million of
Series A convertible preferred stock and warrants
to purchase common stock.

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