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Novogen is an Australian biotechnology company listed on both the Australian Securities Exchange (NRT) and NASDAQ (NVGN).
Novogen owns two proprietary drug technology platforms that are first-in class and which the Company believes will be the foundation that will enable us to grow into a major global bio-pharmaceutical force.
The corporate goal is the development of a suite of drugs that will destroy tumours before they have a chance to recur and become un-treatable based on a combination of its two proprietary technology platforms:
The proceeds will be used for general working capital and to fund the company’s R&D programs. However, the primary use of the funds is to underwrite the transition of the Company’s lead product, Cantrixil into the clinic.
|MINIMUM AMOUNT:||$5 million|
|MAXIMUM AMOUNT:||$10 million|
|NO. OF SHARES:||up to 80 million new shares and 1 attached option per share|
|ISSUE PRICE:||$0.11 per share|
|OFFER OPEN:||Monday, 3 November 2014|
|OFFER CLOSE:||3pm, Tuesday 11 November 2014|
(Issuer reserves the right to close the offer earlier)
|MINIMUM ALLOCATION:||$5000 available for on market bidders|
|TECHNICAL LEAD MANAGER:||CMC Markets Stockbroking|
|ACCESS:||All brokers via ASX Bookbuild via ASX code NRTXBB|
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Offer is open to Sophisticated investor clients only.
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