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Marina Plans to Raise $1.2M in Stock Offering


Marina Biotech this week said that it plans to raise $1.2 million through the registered direct placement of common stock to certain institutional investors at $0.75 a share.

The company's stock has been trading recently around $0.68 a share.

Marina also said that it will issue the investors warrants to buy up to 800,000 shares of its stock at an exercise price of $0.75.

The Scan

Vaccine Update Recommended

A US Food and Drug Administration panel recommends booster vaccines be updated to target Omicron, CNBC reports.

US to Make More Vaccines for Monkeypox Available

The US is to make nearly 300,000 vaccine doses available in the coming weeks to stem the spread of human monkeypox virus, according to NPR.

Sentence Appealed

The Associated Press reports that Swedish prosecutors are appealing the sentence given to a surgeon once lauded for transplanting synthetic tracheas but then convicted of causing bodily harm.

Genome Biology Papers on COVID-19 Effector Genes, Virtual ChIP-seq, scDART

In Genome Biology this week: proposed COVID-19 effector genes, method to predict transcription factor binding patterns, and more.