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Madrigal launches 1.2M-share stock offering by current investor

|About: Madrigal Pharmaceutica... (MDGL)|By: , SA News Editor

Madrigal Pharmaceuticals (NASDAQ:MDGL) commences a 1.2M-share public offering of shares owned by funds affiliated with Bay City Capital, LLC. Price and terms have yet to be announced.

The company will not receive any proceeds from the sale.

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