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NEW HAVEN, Conn.--Cura-Gen has exercised its right under existing collaborative agreements with Biogen and Genentech to borrow a total of $26 million. Simultaneously, CuraGen converted these loans into approximately 1.6 million shares of CuraGen stock at $16 a share. These transactions increased Biogen's equity position in CuraGen by $10 million and Genentech's position by $16 million, combining to provide CuraGen with an additional $26 million in cash. This follows a $15 million private placement investment in CuraGen by Pequot Capital Management last month.

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This webinar will discuss how the Estonian Biobank, a cohort of more than 165,000 participants, is addressing industry challenges with data management and collaboration in the transition to precision medicine.