BOSTON--(BUSINESS WIRE)--March 24, 2006--CombinatoRx, Incorporated (NASDAQ: CRXX), today announced that it has closed the previously announced private placement of approximately 4.68 million shares of common stock at a price of $10.25 per share for a total purchase price of $48.0 million. Cowen & Co. LLC served as exclusive placement agent for the transaction. Pacific Growth Equities, LLC acted as financial advisor.
