NEW YORK (GenomeWeb) – Molecular diagnostics developer CombiMatrix announced today that it has priced an underwritten public offering of 8,000 units of Series F convertible preferred stock and warrants at $1,000 per unit.

The firm hopes to raise gross proceeds of $8 million, part of which it will use to repurchase and retire its Series E convertible preferred stock. The offering is expected to close on or about March 24. Ladenburg Thalmann & Co. served as the sole bookrunning manager and Aegis Capital served as lead manager for the transaction.

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The Seattle Times writes that pharmacogenomics testing can help choose medications that may work best for people with depression.

Researchers report that deleting one gene from butterflies affects their wing coloration patterns, according to the Washington Post.

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