BioSante Pharmaceuticals, Inc. Secures Committed Equity Financing Facility

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX) announced today that it has entered into a Committed Equity Financing Facility (CEFF) with Kingsbridge Capital Limited in which Kingsbridge has committed to provide up to $25 million in cash during the next two years, at BioSante’s discretion, through the potential purchase of newly-issued shares of BioSante's common stock.
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