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Biotech / Medical : Vion (formerly Oncorx) interesting play on Gene Therapy -- Ignore unavailable to you. Want to Upgrade?


To: Jim Oravetz who wrote (140)4/20/1999 8:19:00 AM
From: Jim Oravetz  Respond to of 370
 
Mentions Vion to present at a conference in July.

Message 8952640

Jim



To: Jim Oravetz who wrote (140)4/24/1999 9:11:00 PM
From: Jim Oravetz  Read Replies (1) | Respond to of 370
 
Vion completes $4M private stock sale
04/24/1999
By By Register Staff
NEW HAVEN - Vion Pharmaceuticals Inc. has completed a $4 million
private stock sale to finance research and development, the firm said
Friday.

Vion said it has received $750,000 from a group of investors headed by
Kleinwort Benson LTD, a subsidiary of Dresdner Kleinwort Benson and
Winchester Capital Healthcare Partners LLC.

Last week, the New Haven-based biopharmaceutical firm announced a
$3.25 million sale of private stock to another group of investors.
Vion shares trade on the Nasdaq exchange. under the VION ticker
symbol. They fell slightly Friday to $5.53, down 3 cents.

The firm, based in New Haven's Science Park, researches and develops
treatments for cancer and viral diseases.

One cancer-fighting drug Vion has developed, Promycin, is in Phase III
clinical trials, one of the last hurdles a drug must clear before introduction to the general public.

Jim