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Regulation & Compliance: Clinical Data Files Mixed Shelf

November 16, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Clinical Data, Inc. (CLDA) today announced that the company has filed a shelf registration statement with the Securities and Exchange Commission to permit the firm to offer and sell up to $200 million of its common stock, preferred stock, debt securities or any combination of these.

The firm said it does not have any current plans to sell shares under the registration statement, but that proceeds from any offering could be used for general corporate purposes, including financing the launch and other commercial activities for its vilazodone drug if approved by the U.S. Food and Drug Administration, continued clinical development of Stedivaze and advancement of the company’s follow-on therapeutics pipeline.

Massachusetts-based Clinical Data is developing therapeutics for central nervous system disorders and cardiovascular diseases, to be followed by drug candidates in major therapeutic areas including oncology and inflammatory diseases.

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