Vical Incorporated Secures $25 Million Issuer Managed Equity Facility With Azimuth Opportunity, Ltd.

SAN DIEGO, Jan. 8, 2010 (GLOBE NEWSWIRE) -- Vical Incorporated (Nasdaq:VICL) today announced that it has secured an issuer managed equity facility under which it may sell up to $25 million of its registered common stock to Azimuth Opportunity, Ltd. Vical is not obligated to use any of the facility.

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