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Published on 11/10/2005 in the Prospect News Biotech Daily and Prospect News Convertibles Daily.

Rigel files $200 million shelf

New York, Nov. 10 - Rigel Pharmaceuticals, Inc. filed a $200 million shelf registration with the Securities and Exchange Commission.

Included in the S-3 filing are common stock, preferred stock, debt securities, warrants and units. Securities may be structured as convertibles or sold in combination as units.

The South San Francisco, Calif., drug development company working on small-molecule drugs for the treatment of inflammatory diseases, cancer and viral diseases will use proceeds for research and development and general corporate purposes.


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