Incyte to redeem all of its 3.5% convertibles due 2011 on Feb. 22

By Devika Patel

Knoxville, Tenn., Jan. 28 - Incyte Corp. said it will redeem all of its 3.5% convertible senior notes due 2011 and its 3.5% convertible subordinated notes due 2011 at 100.5 plus interest to Feb. 22, the redemption date.

U.S. Bank NA (800 934-6802) is the trustee.

The Wilmington, Del.-based drug discovery and development company is focused on proprietary small molecule drugs for oncology, inflammation and diabetes.

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