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Biotech / Medical : Tularik Inc. (TLRK)

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To: scaram(o)uche who started this subject11/10/2003 9:07:38 PM
From: mopgcw   of 598
 
Tularik, Maker of Cancer Treatments, Raises $71.4 Million
2003-11-10 18:56 (New York)

Tularik, Maker of Cancer Treatments, Raises $71.4 Million

Nov. 10 (Bloomberg) -- Tularik Inc., a drug company that
develops cancer treatments and methods to combat diabetes, raised
$71.4 million in a share sale.
San Francisco-based Tularik sold 6 million shares at $11.90
each, a 0.9 percent discount to the stock's closing price of
$12.01 today. Goldman Sachs Group Inc. managed the sale and
shared fees of as much as $4.3 million.
In a statement distributed by Business Wire on November 4,
Tularik didn't say what the proceeds would be used for. Company
spokeswoman Traci McCarty didn't return a call for comment.
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