Compugen Raises $20M In Share Sale

Compugen Ltd. (CGEN) announced on Wednesday that it has raised $20 million through a share sale. The Israel-based company sold approximately 4.1 million ordinary shares at an average price of $4.91 each in the open market during the period November 13, 2009 to December 29, 2009. 

Compugen is engaged in drug and diagnostic product candidate discovery and their commercialization through early-stage licensing and co-development agreements. The company’s business is focused on developing … [visit site to read more]


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