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Caxton Associates Discloses 6.1% Stake in CollaGenex (CGPI)

March 11, 2008 4:39 PM EDT
CGPI Hot Sheet
Overall Analyst Rating:
    BUY (= Flat)
In a 13G filing on CollaGenex Pharmaceuticals Inc. (Nasdaq: CGPI) after the close, Caxton Associates disclosed a 6.1% stake (1,300,000 shares) in the company.  The firm did not show a stake in CollaGenex at the quarter ended 12/31/07.

CollaGenex Pharmaceuticals, Inc., a specialty pharmaceutical company, develops and markets proprietary medical therapies to the dermatology market.

Caxton Associates, L.L.C., is a $14 billion New York-based hedge fund, founded in 1983 by Bruce Kovner.

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