EntreMed Offers $2.5 Million Of Common Stock

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January 13, 2010 (FinancialWire) — EntreMed, Inc. (NASDAQ: ENMD) said it has completed a registered direct offering of 3.125 million shares of its common stock at a purchase price of $0.80 per share, to a single accredited institutional investor.

The sale resulted in gross proceeds to the company of $2.5…

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