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Biotech / Medical : Biotechnology Value Fund, L.P.

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To: scaram(o)uche who wrote (4416)7/11/2005 3:20:24 PM
From: keokalani'nuiRead Replies (1) of 4974
 
Rigel learned its lesson.

Rigel Announces Offering of 3,000,000 Shares of Common Stock
Monday July 11, 2:54 pm ET

SOUTH SAN FRANCISCO, Calif., July 11 /PRNewswire-FirstCall/ -- Rigel Pharmaceuticals, Inc. (Nasdaq: RIGL - News) today announced that it will initiate an offering of 3,000,000 shares of common stock under an existing shelf registration statement. It is currently anticipated that the underwriters will be granted an over-allotment option for an additional 450,000 shares.


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