Ziopharm Oncology To Launch Common Share Offering
December 4, 2009 (FinancialWire) — Ziopharm Oncology, Inc. (NASDAQ: ZIOP) plans to offer shares of its common stock and warrants to purchase shares of its common stock in a public offering. JMP Securities and Rodman & Renshaw are acting as co-lead managers for the offering.
The company plans to use net proceeds from this offering for general corporate purposes, which may include ongoing clinical development of its three product candidates, palifosfamide, darinaparsin (and indibulin.
New York-based Ziopharm Oncology is a biopharmaceutical company engaged in the development and commercialization of a diverse portfolio of cancer drugs.
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