Navigation Links
Oramed to Raise $4,600,000 in Registered Direct Offering
Date:7/10/2013

JERUSALEM, July 10, 2013 /PRNewswire/ --

Oramed Pharmaceuticals Inc. (NASDAQCM: ORMP), a developer of oral drug delivery systems, today announced it has entered into definitive agreements with investors to purchase an aggregate of 657,144 shares of common stock at a price of $7.00 per share in a registered direct offering. The offering is expected to close on or about July 16, 2013, subject to the satisfaction of customary closing conditions.

Oramed intends to use the net proceeds from this offering for expenses related to its clinical trials, research and product development activities, and for general corporate purposes, including general working capital purposes.

Aegis Capital Corp. is acting as the lead placement agent for the offering.

Maxim Group LLC is acting as a co-placement agent for the offering

This offering is being made pursuant to a shelf registration statement that Oramed previously filed with the Securities and Exchange Commission (SEC) and which became effective on March 22, 2013. A prospectus supplement and accompanying base prospectus will be filed with the SEC. Electronic copies of the prospectus supplement and accompanying prospectus relating to this offering may be obtained from the SEC's website at http://www.sec.gov. or from Aegis Capital Corp, 810 7th Avenue, 18th Floor, New York, NY 10019 or via telephone at 212-813-1010 or email: prospectus@aegiscap.com.

This press release is neither an offer to sell nor a solicitation of an offer to buy any of the Company's securities. No offer, solicitation or sale will be made in any jurisdiction in which such offer, solicitation or sale is unlawful.

About Oramed Pharmaceuticals

Oramed Pharmaceuticals is a technology pioneer in the field of oral delivery solutions for drugs and vaccines currently delivered via inject
'/>"/>

SOURCE Oramed Pharmaceuticals Inc.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine technology :

1. Oramed Pharmaceuticals to Present at the 11th National Life Science & Technology Week ILSI-BIOMED Conference; Tel Aviv, Israel, 2012
2. Oramed Pharmaceuticals Granted Core Technology Patent in New Zealand
3. Oramed Pharmaceuticals to Present at the 12th Annual Diabetes Technology Society Meeting in Bethesda, MD, Nov 8-10, 2012
4. Oramed Pharmaceuticals Completes $5.6 Million Funding to Advance Clinical Trials
5. Oramed Pharmaceuticals Inc. to Webcast, Live, at RetailInvestorConferences.com on February 7th
6. Shares of Oramed Pharmaceuticals Are Approved for Listing on the Nasdaq Capital Market
7. Oramed Pharmaceuticals to Present at the 4th Annual Drug Delivery & Formulation Summit in Berlin
8. Oramed Pharmaceuticals Granted Japanese Patent for its Core Technology in Oral Delivery of Proteins
9. Oramed Submits New IND Application for Oral Insulin Trial in the US
10. Oramed Pharmaceuticals Appoints New Chief Operating Officer and VP of Business Development
11. Oramed Pharmaceuticals Chosen to Present at the 5th International Congress on Prediabetes and the Metabolic Syndrome in Vienna, Austria; April 18-20, 2013
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/23/2015)... 23, 2015  Jazz Pharmaceuticals plc (Nasdaq: JAZZ ... first quarter financial results on Thursday, May 7, 2015, ... will host a live audio webcast immediately following the ... first quarter 2015 financial results and provide a business ... the live audio webcast via the Investors & Media ...
(Date:4/23/2015)... , April 23, 2015  Research Solutions, Inc. (OTCQB: ... and medical (STM) information for life science companies, academic ... to present at the 16 th Annual B. ... 12-14, 2015 at the Loews Hollywood Hotel ... Research Solutions management is scheduled to present on ...
(Date:4/23/2015)... 23, 2015  DanDrit Biotech A/S ("DanDrit Denmark"), ... , Inc. ("DanDrit"), (symbol : OTCQB:DDRT) a ... for the treatment of colorectal cancer, announced that ... signed a partnership agreement in Saudi ... advances DanDrit,s goal to deliver an innovative portfolio ...
Breaking Medicine Technology:Jazz Pharmaceuticals to Report 2015 First Quarter Financial Results on May 7, 2015 2Research Solutions to Present at the 16th Annual B. Riley & Co. Investor Conference on May 12, 2015 2Research Solutions to Present at the 16th Annual B. Riley & Co. Investor Conference on May 12, 2015 3DanDrit Biotech and Riyadh Pharma Sign Partnership Agreement 2
... of Beta Blockers May Have Long-Term BenefitsSAN FRANCISCO, ... a research breakthrough suggesting that, contrary to popular ... pressure may also bring relief to many asthma ... of the American Asthma Foundation (AAF), said, "Drugs ...
... VEGAS, Feb. 26 Tying a shoe, typing ... The mobility of our fingers and wrists can often be ... begins, and interferes with simple, everyday tasks. According to ... American Academy of Orthopaedic Surgeons (AAOS) ( http://www.aaos.org/ ...
Cached Medicine Technology:Research Finding Could Revolutionize Asthma Treatment 2Research Finding Could Revolutionize Asthma Treatment 3Research Finding Could Revolutionize Asthma Treatment 4Got Pain? 2Got Pain? 3Got Pain? 4
(Date:4/25/2015)... Providenciales, Turks and Caicos Islands, BWI (PRWEB) April 25, ... Providenciales International Airport (PLS) has celebrated three months of ... since reopening on January 5, 2015. , As ... phases, the interior of Providenciales airport was completely redesigned ... area has quickened up the process of getting out ...
(Date:4/25/2015)... April 25, 2015 On Friday, April ... RFID Journal’s annual Best Implementation Award. This award ... the best use of RFID technology to improve its ... the company that best demonstrates how RFID is delivering ... at RFID Journal Live! 2015 in San Diego, the ...
(Date:4/24/2015)... AK (PRWEB) April 24, 2015 As ... (#MOTMC2015) and the unique sacrifices of these young men ... for Service members, Veterans and their Families” presents a ... training is designed to gain a better understanding of ... health and wellness. For those – civilian and military ...
(Date:4/24/2015)... The 1975 have had an intense ... globe to theaters, festivals and TV performances. Now that they’ve ... their label, Dirty Hit Records, to provide clean drinking water ... launched Cadence & Cause website, this four-piece has ... and a signed photo card. Entries from this sweepstakes ...
(Date:4/24/2015)... Anchor Health Administrators (Anchor), specialists in Long-Term ... their exclusive agreement with LTC Solutions for All LLC ... partner. , Anchor has more than 18 years of ... associations, and is currently the designated advocate for the ... Insurance member benefit. , “I am very pleased to ...
Breaking Medicine News(10 mins):Health News:The Tuscany on Grace Bay Celebrates Providenciales Airport Expansion With Summer Specials to Travelers! 2Health News:Seeonic’s Industry Leading Technology Powers Interstate Batteries to Winning Award 2Health News:Coalition Presents Resiliency Training to Raise Awareness during Month of the Military Child (#MOTMC2015) 2Health News:Internationally Recognized British Indie Rock Outfit The 1975 Partner with Cadence & Cause to Provide Clean Drinking Water to Those in Need 2
... simulation exhibition event ever held will feature top leaders from ... opening ceremonies of the Interservice/Industry Training, Simulation and Education Conference ... Army Training and Doctrine Command (TRADOC). Joining him will ... Martin Joint Strike Fighter Program. , ...
... Latina women who prefer speaking Spanish are more likely ... with their breast cancer treatment, according to a new ... Cancer Center. , Despite receiving similar treatment, Latina women ... report high levels of dissatisfaction and regret about their ...
... and healthcare information resource, today released the results ... increasing healthcare costs and more infrequent doctor visits. ... percent) indicated they are going to the doctor ... healthcare costs. In an additional question of 274 ...
... when given before birth, glucocorticoids tied to cognitive, motor ... News) -- Glucocorticoid drugs used to treat chronic lung ... and may cause cognitive and motor control problems even ... Washington University School of Medicine in St. Louis. , ...
... found little link between drinking and malignancies , , MONDAY, ... your chances of developing cancer after age 65, new ... lack of physical activity were among the usual suspects ... to the Duke University study. , The findings are ...
... a test would be especially useful for blacks, other high-risk ... someday be able to use five genetic markers to assess ... cancer, a new study suggests. , If reliable, these five ... patients, or men of any race with a family history ...
Cached Medicine News:Health News:Military, Industry Leaders to Speak at World's Largest Simulation Event 2Health News:Military, Industry Leaders to Speak at World's Largest Simulation Event 3Health News: More Than Half of Consumers Going to Doctors Less Due to Rising Healthcare Costs, According to checkMD Survey : 38 Percent Lack Adequate Employer Healthcare Coverage 2Health News: More Than Half of Consumers Going to Doctors Less Due to Rising Healthcare Costs, According to checkMD Survey : 38 Percent Lack Adequate Employer Healthcare Coverage 3Health News:Drugs to Treat Lung Damage in Preemies May Harm Brain 2Health News:Stay Upbeat, Exercise to Help Prevent Cancer in Old Age 2Health News:Gene Screen Might Predict Prostate Cancer 2
... Recently updated with a high ... the new Kowa Non Myd - ... quality, style and ease of use. ... comprehensive, easy to install VK-2 image ...
The quick access to diabetic screening, panoramic images of the retina including peripheral area are available by using easy, semi automatic guidance of peripheral fixation....
Measurement of progressive multi-focal lenses is fast and easy with the CLM-3100P auto-lensmeter. The data is represented in a simple to understand graphic display....
Autolensmeter with color 5.7 inch LCD screen and built in printer....
Medicine Products: