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Achillion Enters $15 Million Standby Equity Distribution Agreement -provides Incremental Funding For HCV Pipeline Development-

By TechAgreements

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Under the SEDA, Achillion will be able to sell, and YA will be obligated to buy, up to $300,000 of Achillion common stock in any five-day period. Prior to drawing down its first advance under the SEDA, Achillion is obligated to file a registration statement with the Securities and Exchange Commission covering resale of the shares. The SEDA has a two year term and may be terminated at any time by..

Full post as published by TechAgreements on July 06, 2009 (boomark / email).

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