After Thursday's closing bell, InterMune said it has filed a universal shelf registration statement to sell up to $175 million of its shares, preferred stock, debt securities and warrants. The biotech concern said Warburg, Pincus Equity Partners L.P. registered its 7.36 million previously-issued shares, and may be a selling shareholder.
I still am bullish on the phase III data from last week.
ITMN closed thursday's trading up 32 cents/share to $30.72.
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