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Raptor secures funds to wrap talons around TorreyPines

 
• By Simon Varcoe

Raptor Pharmaceuticals has raised around $5 million through a private placement to fund its proposed merger with TorreyPines Therapeutics as well as its late-stage drug portfolio.

Raptor Pharmaceuticals has raised around $5 million through a private placement to fund its proposed merger with TorreyPines Therapeutics as well as its late-stage drug portfolio.

The company sold around 7.5 million units of stock for $0.32 each consisting of one share of Raptor's common stock...

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