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AVI BioPharma files $125 million shelf for debt, preferreds, stock
New York, July 31 - AVI BioPharma, Inc. registered to sell up to $125 million of common stock, preferred stock, debt securities and warrants using an S-3 shelf filing with the Securities and Exchange Commission.
Securities may be issued as convertibles.
Proceeds will be used for research and development and for general corporate purposes.
AVI BioPharma is a Corvallis, Ore., biopharmaceutical company specializing in the discovery and development of RNA-based drugs.
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