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Orthovita files $100 million shelf
By Jennifer Chiou
New York, March 19 - Orthovita, Inc. registered to sell up to $100 million of securities in an S-3 filing with the Securities and Exchange Commission.
Covered by the shelf are common stock, preferred stock, debt securities, warrants to purchase common stock, preferred stock and debt securities, as well as depositary shares and stock purchase contracts and units. Debt securities may be structured as convertibles.
The Malvern, Pa., biosurgery company said that proceeds will go toward product development, the expansion of its sales force and for general corporate purposes.
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