Orchid BioSciences Pockets $20M in Stock Offering

Feb 27, 2002

NEW YORK, Feb. 27 - Orchid BioSciences on Wednesday said it has pocketed approximately $20 million in a special stock offering announced last week.

Orchid said it sold 8 million shares of common stock that were offered through a prospectus supplement in-line with the company's shelf-registration.

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