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Published on 11/27/2007 in the Prospect News PIPE Daily.

Znomics settles $4.88 million private placement

By Laura Lutz

Des Moines, Nov. 27 - Znomics, Inc. raised $4.88 million from a private placement that closed on Nov. 5, according to a news release.

Griffin Securities, Inc. was the placement agent.

Znomics is a biotechnology company based in Portland, Ore. The company also completed a merger with Pacific Syndicated Resources, Inc. on Nov. 5.


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