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Fine Chemicals | Organic Chemicals | Petroleum & Products | Pharmaceuticals

Optimer Pharmaceuticals files for $100 mln shelf

[2008-3-31]

Optimer Pharmaceuticals Inc (OPTR.O: Quote, Profile, Research) on Thursday filed to periodically sell up to $100 million in common and preferred stock, debt securities, warrants and units.

The company said in a filing with the U.S. Securities and Exchange Commission that it would use proceeds from the offering for research and development and general corporate purposes.

Under a shelf registration, a company may sell securities in one or more separate offerings with the size, price and terms to be determined at the time of sale. (Reporting by Karey Wutkowski, editing by Richard Chang)

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