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Published on 3/17/2009 in the Prospect News Special Situations Daily.

PharmAthene investors sell 113,560 shares, keep 6.3% stake

By Lisa Kerner

Charlotte, N.C., March 17 - A group of PharmAthene, Inc. investors led by Integrated Core Strategies (US) LLC, Riverview Group LLC and Millennium Management LLC sold 112,560 shares of the company's stock between Jan. 23 and March 16 priced from $0.14 to $2.99 each, according to a schedule 13D/A filed on Tuesday with the Securities and Exchange Commission.

The investors beneficially own 1,643,756 shares, or 6.3%, of the Annapolis, Md., biodefense company.


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