Millenco ups stake in Pharmasset to 6.2%

By Lisa Kerner

Charlotte, N.C., Oct. 29 - Investors led by Millenco LLC increased their ownership interest in Pharmasset, Inc. to 6.2% through a series of buy and sell transactions between Aug. 29 and Oct. 28.

The investors beneficially own 1,432,843 shares of Pharmasset's outstanding stock, according to a schedule 13D/A filing with the Securities and Exchange Commission.

Pharmasset is a Princeton, N.J.-based clinical-stage pharmaceutical company focused on treatments for viral infections.

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