Cerulean Pharma (CERU) Enters $20M Stock Purchase Agreement at $1.25/Share
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Cerulean Announces Technology Platform Collaboration
October 19, 2016 8:01 AM EDT- Collaboration will create nanoparticle-drug conjugates directed at up to five targets
- Cerulean will receive an upfront payment of $5 million and is eligible for milestone payments plus sales royalties for each target
WALTHAM, Mass.--(BUSINESS WIRE)-- Cerulean Pharma Inc. (NASDAQ: CERU), a clinical-stage company developing nanoparticle-drug conjugates (NDCs), today announced that the Company... More
Cerulean Announces $20 Million Firm Commitment At-The-Market Stock Purchase Agreement with Aspire Capital Fund, LLC
October 19, 2016 8:00 AM EDTInitial purchase of 800,000 shares of common stock for $1.25 per share
WALTHAM, Mass.--(BUSINESS WIRE)-- Cerulean Pharma Inc. (NASDAQ: CERU), a clinical-stage company developing nanoparticle-drug conjugates (NDCs), today announced that it has entered into a $20 million common stock purchase agreement (Purchase Agreement) and a registration rights agreement (Registration Rights Agreement) with Aspire Capital Fund, LLC (Aspire), a Chicago-based institutional... More
