Synta to fund operations with $35 million stock offering

04/18/2011 | Mass High Tech (Boston)

Synta Pharmaceuticals pulled in $35 million in a stock placement to support its research and development efforts, manufacturing operations and other corporate functions. The biopharmaceutical firm also secured a $2 million loan that it will use to buy laboratory tools to test drug candidates for cancer and chronic inflammatory conditions.

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Mass High Tech (Boston)

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