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Healthcare Mergers, Acquisitions & Ventures Week

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Incyte Corporation



Drug discovery company announces filing of $175 million shelf registration



November 6th, 2004

Incyte Corporation (INCY) has filed a shelf registration statement on Form S-3 with the U.S. Securities and Exchange Commission (SEC) for the proposed offering, from time to time, of up to $175 million of Incyte common stock.

The company intends to use the proceeds from any offerings for general corporate purposes, which may include repayment or redemption of outstanding indebtedness and funding of clinical trials and drug discovery activities.

Incyte Corporation is a Wilmington, Delaware-based drug discovery and development company with a pipeline of oral compounds to treat HIV, inflammation, cancer, and diabetes.

The company's...


Source: Healthcare Mergers, Acquisitions & Ventures Week (2004-11-06)

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