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Anesiva Announces Completion of Common Stock Offering

SOUTH SAN FRANCISCO, Calif., Dec. 21 /PRNewswire-FirstCall/ -- Anesiva, Inc. (Nasdaq: ANSV) announced today the completion of its public offering of 11,111,111 shares of its common stock and the exercise by the underwriters of their option to purchase an additional 1,234,568 shares. The gross proceeds, before deducting underwriting discounts and offering expenses, from the sale of the aggregate 12,345,679 shares were approximately $50 million and the net proceeds, after deducting underwriting discounts and offering expenses, were approximately $47.7 million.

Pacific Growth Equities, LLC, Broadpoint Capital, Inc. and Fortis Securities LLC acted as underwriters for this offering.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the securities nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. This offering of shares of common stock may be made only by means of a prospectus supplement and accompanying prospectus. Copies of the prospectus supplement and accompanying prospectus relating to the offering may be obtained from Pacific Growth Equities, LLC at One Bush Street, Suite 1700, San Francisco, CA, 94104.

SOURCE Anesiva, Inc.
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