FDAnews Drug Daily Bulletin

VALENTIS COMPLETES PRIVATE PLACEMENT OF ABOUT 2.1 MLN COMMON SHARES AND WARRANTS FOR $5.25 MLN

March 23, 2006
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Valentis, Inc. revealed the completion of a private placement of about 2.1 million common shares and warrants to purchase up to about 1.1 million additional common shares at $2.50 per unit, for aggregate gross proceeds of about $5.25 million.

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