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Anesiva Raises $45 Million in Common Stock Offering
Date:12/13/2007

SOUTH SAN FRANCISCO, Calif., Dec. 13 /PRNewswire-FirstCall/ -- Anesiva, Inc. (Nasdaq: ANSV) announced today the pricing of a common stock offering of 11,111,111 shares of its common stock at $4.05 per share, which represents no discount to the closing bid price on December 12, 2007, for approximately $45 million in gross proceeds, before deducting underwriting discounts and commissions (approximately $50 million if the underwriters' over-allotment option described below is exercised in full) or approximately $42.9 million after deducting the underwriting discounts and commissions (approximately $47.7 if the underwriters' over-allotment option described below is exercised). All shares of the common stock offered by Anesiva are being sold pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission. The underwriters have agreed to purchase the shares from Anesiva pursuant to an underwriting agreement. Anesiva has granted the underwriters the option to purchase up to an additional 1,234,568 shares of common stock to cover over-allotments, if any. The offering is expected to close on December 18, 2007, subject to customary closing conditions.

Pacific Growth Equities, LLC, Broadpoint Capital, Inc. and Fortis Securities LLC are acting as underwriters for this offering. Information about the offering is available in the prospectus supplement and accompanying prospectus for the offering. Copies of the prospectus supplement (when available) 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.

A shelf registration statement relating to the securities being offered has been fi
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SOURCE Anesiva, Inc.
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