The company said it will use the proceeds from the offering for general corporate and working capital purposes.
The firm said it intends to use net proceeds from the issuance of the notes for general corporate purposes.
The company said it will use the funds to develop antimicrobial therapeutics based on CRISPR-Cas3 technology.
The Salt Lake City-based company said it would use the $18.4 million in expected gross aggregate proceeds for product pipeline development and customer growth.
The firm privately negotiated the exchange with current holders of convertible notes due 2017.
Quidel will use the net proceeds from the offering for working capital and other general corporate purposes.
PositiveID will issue $4 million in senior secured convertible promissory notes to institutional investor Dominion Capital, the firm announced today.
NEW YORK (GenomeWeb News) – Qiagen said after the close of the market on Wednesday that it successfully completed the previously announced repurchase of convertible notes due in 2026 and the issuance
NEW YORK (GenomeWeb News) – Affymetrix said after the close of the market on Monday that it has given notice of its intention to redeem all of its outstanding 3.50 percent senior convertible notes due 2038.
By a GenomeWeb staff reporter
A new analysis examines the gender gap among paper authors in the sciences and says it may take decades or more to close.
Researchers have uncovered signals of selection that may enable the Bajau people to free five hundreds of feet deep, Reuters reports.
In Science this week: paternally inherited cis-regulatory structural variants in autism, and more.
A new report outlines issues facing the implementation of personalized medicine in the UK, the Independent reports.