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

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To: Jim Oravetz who wrote (311)3/29/2004 1:23:18 PM
From: Jim Oravetz  Read Replies (1) of 370
 
Vion Pharmaceuticals Registers 17.2M Shares For Holders
DOW JONES NEWSWIRES
March 29, 2004 12:12 p.m.

WASHINGTON -- Vion Pharmaceuticals Inc. (VION) registered
about 17.2 million shares for certain shareholders who may sell the shares from
time to time.
The number of shares being offered includes 3,688,463 shares which
are issuable upon the exercise of warrants, according to a registration
statement filed Monday with the Securities and Exchange Commission.
Vion Pharmaceuticals said it won't receive any proceeds from the sale
of the shares other than the exercise price payable upon the exercise of the
warrants.
Vion said it issued the shares and warrants to the selling
stockholders in a private transaction.
Vion, based in New Haven, Conn., develops therapeutics and
technologies for the treatment of cancer.
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