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Achillion Pharmaceuticals files $50 million stock, preferreds shelf
By Devika Patel
Knoxville, Tenn., Oct. 2 - Achillion Pharmaceuticals, Inc. filed a $50 million shelf registration in an S-3 filing with the Securities and Exchange Commission.
The registration covers warrants, common stock and preferred stock.
The preferreds may be structured as convertibles.
Proceeds will be used for general corporate purposes.
Achillion is a New Haven, Conn.-based biopharmaceutical company that develops treatments for infectious diseases.
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