AntriaBio completes capital raise

|By:, SA News Editor

Pico cap AntriaBio (ANTB) raises $10M via private placement. The company issued 28,063,323 units comprised of one share of common stock at $0.26 each and one warrant to purchase one share of common at $0.39.

Proceeds to used for general corporate purposes including the development of its lead product, AB101, a once-per-week microsphere insulin formulation.