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Published on 10/10/2006 in the Prospect News Biotech Daily and Prospect News Convertibles Daily.

Renovis files $150 million shelf registration

By E. Janene Geiss

Philadelphia, Oct. 10 - Renovis, Inc. filed a $150 million shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers debt securities, common stock, preferred stock and warrants. The securities may be structured as convertibles.

The proceeds will be used for general corporate purposes, including clinical trials, research and development expenses, general and administrative expenses, manufacturing expenses and potential acquisitions of companies, products and technologies that complement the company's business.

Renovis is a South San Francisco, Calif., biopharmaceutical company focusing on neurological and inflammatory diseases.


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