Dimethaid lines up $50-million credit line
Article Abstract:
Dimethaid Research Inc. has received a $50-million equity line of credit with Acqua Wellington North American Equities Fund Ltd., a Hong Kong-based investment banking company. During the 13 months of the contract, Dimethaid can tap the credit line in up to 10 installments and sell stock to Acqua at a 20-day average price of its stock on the Toronto Stock Exchange.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
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Biotech issues attract investors
Article Abstract:
In the first half of the year 2000, the biotechnology sector raised $1.57-billion (Canadian) of equity and debt, a 40% increase from 1999. In June of 2000, Axcan Pharma Inc. won commitments from New York investors to sell $40-million of stock.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000
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Drug Royalty opts out of Reo Pro deal
Article Abstract:
Drug Royalty Corporation Inc. backs out of deal to purchase a $27-million interest in royalties of the blood clotting drug ReoPro, citing failed legal issues.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000
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