NEW YORK (GenomeWeb News) – Compugen said today that it raised net proceeds of $19 million through a previously announced equity offering.

As part of the offering, which was established in late October with Cantor Fitzgerald, Compugen sold approximately 4.1 million shares at a weighted average price of approximately $4.91 per share, resulting in $20 million in gross proceeds.

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The US Food and Drug Administration has approved Kite Pharmaceuticals' CAR T-cell therapy for large B-cell lymphomas, the New York Times reports.

Kaiser Health News reports that gene therapies could cost more than a million dollars.

Worcester Polytechnic Institute researchers have received a grant to combine biology and computer science for high school students.

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