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Solexa Hopes to Issue $100M Worth of New Equities or Debt

NEW YORK, May 19 (GenomeWeb News) - Solexa announced yesterday that it is trying to obtain permission from the US Securities and Exchange Commission to issue $100 million worth of securities, which may consist of common stock, preferred stock, warrants, debt, or any combination thereof.

 

The company has filed a universal shelf registration statement on Form S-3. If the statement is declared effective by the SEC, Solexa will be allowed to issue securities in one or more offerings up to a maximum aggregate offering amount of $100 million.

 

Earlier this year, Solexa raised around $60 million in a private stock placement.

The Scan

Comfort of Home

The Guardian reports that AstraZeneca is to run more clinical trials from people's homes with the aim of increasing participant diversity.

Keep Under Control

Genetic technologies are among the tools suggested to manage invasive species and feral animals in Australia, Newsweek says.

Just Make It

The New York Times writes that there is increased interest in applying gene synthesis to even more applications.

Nucleic Acids Research Papers on OncoDB, mBodyMap, Genomicus

In Nucleic Acids Research this week: database to analyze large cancer datasets, human body microbe database, and more.