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News Breaks
June 16, 2014
08:04 EDTLJPCLa Jolla enters agreement with Stanford University
La Jolla Pharmaceutical announced that it has signed an option agreement with Leland Stanford Junior University that will add proprietary technology to the company’s programs. The option agreement with Stanford allows La Jolla to test the technology potentially adding product opportunities to La Jolla’s pipeline. La Jolla is currently testing novel oral formulations using the technology in an animal model of Non-alcoholic Steatohepatitis. If successful, these product candidates will add to the company’s pipeline.
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July 29, 2014
11:06 EDTLJPCLa Jolla weakness related to Galectin is overdone, says Wedbush
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10:39 EDTLJPCGalectin drug showed no difference from placebo, The Street reports
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July 23, 2014
09:02 EDTLJPCLa Jolla 4.8M share Spot Secondary priced at $10.50
The deal range was $10.40-$10.60. Jefferies acted as sole book running manager for the offering.
July 22, 2014
16:01 EDTLJPCLa Jolla files to sell common stock, no amount given
La Jolla intends to use the net proceeds from the underwritten offering for general corporate purposes, funding its ongoing and future clinical trials, general and administrative expenses and potential future acquisitions and other strategic purposes. Jefferies LLC is acting as sole book-runner for the offering.

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