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Illumina to Raise $30.7M in Common Stock Offering

NEW YORK, May 11 (GenomeWeb News) - Illumina will raise approximately $30.7 million in a common stock offering, the company said today.

 

Illumina will sell approximately 4.5 million shares of its common stock at $6.75 per share to a group of institutional investors.

 

The company said it has obtained commitments to purchase $30.7 million of its common stock and expects to close the offering on May 14.

The Scan

Shape of Them All

According to BBC News, researchers have developed a protein structure database that includes much of the human proteome.

For Flu and More

The Wall Street Journal reports that several vaccine developers are working on mRNA-based vaccines for influenza.

To Boost Women

China's Ministry of Science and Technology aims to boost the number of female researchers through a new policy, reports the South China Morning Post.

Science Papers Describe Approach to Predict Chemotherapeutic Response, Role of Transcriptional Noise

In Science this week: neural network to predict chemotherapeutic response in cancer patients, and more.