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Biotech / Medical : CVTX - CV Therapeutics, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: mopgcw who wrote (292)1/19/2007 4:48:50 PM
From: tuck  Read Replies (1) | Respond to of 411
 
>>01-19-07 1619ET

DJ CV Therapeutics Files $160M Common Stock Shelf >CVTX

DOW JONES NEWSWIRES

CV Therapeutics Inc. (CVTX) on Friday registered with the Securities and Exchange Commission to sell from time to time up to $160 million in common stock.

The Palo Alto, Calif., biopharmaceutical company said it intends to use the net proceeds for general corporate purposes.

No underwriters were listed in the filing.

Shares of the company closed Friday at $14.45 each, up 55 cents, or almost 4%, from Thursday's close.<<

A little Friday afternoon news nugget. Will they finance before or after MERLIN results are out? If the former, it would imply a lack of confidence.

Cheers, Tuck