Neurogen (NRGN) Message Board

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Biotech / Medical : Neurogen (NRGN)

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To: tuck who wrote (447)	5/29/2007 5:08:05 PM
From: tuck	of 523

>>Neurogen files $100 mln universal shelf By Gabriel Madway Last Update: 4:49 PM ET May 29, 2007 SAN FRANCISCO (MarketWatch) -- Neurogen Corp. (NRGN : 7.61, -0.12, -1.6% ) said late Tuesday it has filed a $100 million universal shelf registration statement with the Securities and Exchange Commission, allowing the company to sell debt securities, stock and warrants. Branford, Conn.-based Neurogen, a drug discovery and development company, expects to use the proceeds from any sale for general corporate purposes.<< Did they use up the last shelf? I haven't looked at burn recently. Sold my position for a modest profit, in the hope of buying it back cheaper this summer. Need to review the potential newsflow. No reaction after hours that I can see. Cheers, Tuck

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