New Issue: Medivation settles $15 million private placement of shares

By Devika Patel

Knoxville, Tenn., June 23 - Medivation, Inc. announced in an 8-K filed Monday with the Securities and Exchange Commission that it completed a $15 million private placement of stock on June 22.

The company sold 1,129,518 common shares at $13.28 per share.

San Francisco-based Medivation is a biopharmaceutical company that acquires technologies in the late preclinical development phase and develops them cost-effectively.

Issuer:	Medivation, Inc.
Issue:	Common stock
Amount:	$15 million
Shares:	1,129,518
Price:	$13.28
Warrants:	No
Settlement date:	June 22
Stock symbol:	Nasdaq: MDVN
Stock price:	$12.77 at close June 20

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