Navigation Links
Senesco Technologies Closes on Additional $4.0 Million of Previously Announced Financing
Date:12/21/2007

NEW BRUNSWICK, N.J., December 21 /PRNewswire-FirstCall/ -- Senesco Technologies, Inc. ("Senesco" or the "Company") (Amex: SNT) today announced that the Company recently closed on an additional $4.0 million of its previously announced private placements with YA Global Investments, LP ("YA Global") and Stanford Venture Capital Holdings, Inc. ("Stanford"). Senesco has now closed on an aggregate of $7 million of the $10 million private placements of secured convertible debentures and warrants. Each of the next $1.5 million traunches will occur upon the Company fulfilling certain development milestones.

Senesco primarily intends to utilize the proceeds of this financing to advance its research in multiple myeloma with the goal of initiating a Phase I clinical trial. The Company estimates that it will take approximately 18-24 months to complete the steps necessary to initiate a Phase I clinical trial. Senesco believes that the proceeds from the combined $10 million private placements from YA Global and Stanford should be sufficient to allow it to complete these steps.

"We are pleased with the confidence YA Global and Stanford have shown in Senesco's ability to execute its business strategy through these private placements," said Joel Brooks, Chief Financial Officer and Treasurer of Senesco.

H.C. Wainwright acted as the placement agent for this transaction. The terms of the debentures and warrants were previously disclosed on a Form 8-K, dated August 1, 2007 and August 29, 2007 and in the Company's annual report on Form 10-K.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or s
'/>"/>

SOURCE Senesco Technologies, Inc.
Copyright©2007 PR Newswire.
All rights reserved

Page: 1 2 3

Related biology technology :

1. Emisphere Technologies, Inc. Announces Pricing of Registered Direct Offering
2. Healthcare Technologies Calls for a Shareholders Meeting to Approve the Nexgen Biofuels Transaction
3. Healthcare Technologies Reports Loss for 2007 Second Quarter & Six Months Results
4. BioMaxx Systems Inc. Signs Engagement Letter With Alcofuel Technologies for Provision of an Ethanol Micro-Refinery
5. Amyris Biotechnologies Co-Founder Neil Renninger Named to Technology Reviews Prestigious TR35 List of Top Young Innovators
6. China Medical Technologies to Participate in the Morgan Stanleys 2007 China Medical Corporate Day
7. Pathway Medical Technologies Adds Joe Rafferty as VP, Sales, and Moves To Larger Facility to Accommodate Rapid Growth
8. Operon Biotechnologies and DNA2.0 Announce Co-Marketing and Technology Development Partnership
9. Emisphere Technologies, Inc. Appoints Paul Lubetkin as Vice President and General Counsel
10. Microchip Biotechnologies, Inc. Secures Exclusive License to Use New University of Alberta Technology for Developing Microfluidic Devices
11. DNA Sequencing Equipment Market to Fragment and Grow as Competition, New Technologies Develop
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/16/2014)... 2014 According to Jeff Howell, Partner ... ITRA Global, new development in Downtown Toronto is expanding ... approving another 755 storeys of new development last week ... will be dominating the Toronto skyline for the foreseeable ... unquenchable thirst for new development. , As the Toronto ...
(Date:9/16/2014)... September 16, 2014 RENU 28, the world's ... became available for purchase in Australia and New Zealand ... tour beginning September 16th. The tour will make stops in ... Bundaberg on the 18th, Sydney on the 20th, and Melbourne ... Australia and New Zealand and to educate people about the ...
(Date:9/15/2014)... UPTON, NYHeat drives classical phase transitionsthink solid, ... happen when the temperature drops. If phase ... where quantum mechanics reigns, subtle fluctuations can ... from the U.S. Department of Energy,s Brookhaven ... explored this frigid landscape of absolute zero ...
(Date:9/15/2014)... 2014   Global Science & Technology, Inc. ... and services for satellite and weather systems, was ... Services (OASIS) from the General Services Administration (GSA) ... provide the government best-value solutions for complex professional ... in Pool 4. The OASIS SB award has ...
Breaking Biology Technology:ITRA Global Reports Downtown Toronto Real Estate Development is in High Gear 2ITRA Global Reports Downtown Toronto Real Estate Development is in High Gear 3Global Wellness Company Hosts ASEA Australia Tour September 16-22 2Elusive quantum transformations found near absolute zero 2Elusive quantum transformations found near absolute zero 3Global Science & Technology, Inc. Awarded GSA OASIS Small Business Contract 2Global Science & Technology, Inc. Awarded GSA OASIS Small Business Contract 3
... - One week before Badger football begins its 2005 ... found a new way to demonstrate their school spirit. The ... with high-powered microscopes. , ,Last month a team of UW-Madison ... an image of the university's mascot made of nanofiber hairs ...
... -- It has been a while since I have had a ... failings in this field is my 13-year-old musician son. As I am ... in my old age, off he went this summer to a week ... of playing rock all day and most of the night? This kind ...
... of Eau Claire, also operating as Online-Kiosks.net, ... channel program that enables resellers and systems integrators ... and subscription services to customers without major investments ... to offer hosted digital signage solutions to their ...
Cached Biology Technology:Nanotechnology minimizes UW's beloved mascot 2Historic lists - The greatest rock bands, rock guitarists of all time 2Historic lists - The greatest rock bands, rock guitarists of all time 3Historic lists - The greatest rock bands, rock guitarists of all time 4
(Date:9/15/2014)... processes from digestion to disease resistance. Despite the fact ... on the planet, more is known about belly-button bacteria ... and colleagues working on Panama,s Barro Colorado Island discovered ... home to more than 400 different kinds of bacteria. ... than 7,000 different kinds. , Bacteria in tropical forests ...
(Date:9/15/2014)... CAMBRIDGE, Mass. (September 15, 2014) The so-called ... which makes proteinhas long provided a simplified explanation ... in living organisms. , In reality, of ... the schema first articulated nearly 60 years ago ... DNA,s double-helix structure. For one, there are multiple ...
(Date:9/15/2014)... tapir populations may continue to drop in French Guiana, ... Office National de la Chasse et de la Faune ... reviewed data retrieved from camera traps in the Nouragues ... this data to current harvest rates in the region., ... French Guiana," said Matthias Tobler, a scientist with the ...
Breaking Biology News(10 mins):Smithsonian scientists discover tropical tree microbiome in Panama 2Scientists discover RNA modifications in some unexpected places 2
... R.I., July 28 ForensicSoft, a growing provider ... to announce the formal approval and selection of ... England. ForensicSoft,s products, which increase the speed and ... popularity among digital forensic and security professionals worldwide. ...
... the Caribbean Sea as the Isthmus of Panama arose, ... the Smithsonian Tropical Research Institute and Scripps Institution of ... species could shift from clonal to sexual reproduction it ... years later. Closure of the Isthmus of Panama involved ...
... NC For avid fishermen and anglers, the largemouth ... for minnows. A new study finds that once they ... fish-feeders have remained relatively unchanged compared with their insect- ... in aquatic ecosystems, natural selection put the breaks on ...
Cached Biology News:Nottinghamshire Police First Law Enforcement Agency to Deploy ForensicSoft in United Kingdom 2Nottinghamshire Police First Law Enforcement Agency to Deploy ForensicSoft in United Kingdom 3Sex in the Caribbean: Environmental change drives evolutionary change -- eventually 2Freshwater fish at the top of the food chain evolve more slowly 2Freshwater fish at the top of the food chain evolve more slowly 3
ANTI ALPHA FSH:B...
Collected from normal, healthy animals in carefully maintained standing herds of US orgin. Pricing: $45/unit for 1 - 10 units...
Normal donkey serum collected from healthy normal donkeys....
acridine orange 10-nonyl bromide (nonyl acridine orange)...
Biology Products: