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Published on 6/8/2011 in the Prospect News Convertibles Daily, Prospect News High Yield Daily and Prospect News Preferred Stock Daily.

Discovery Labs files $200 million shelf for preferreds, debt, stock

By Devika Patel

Knoxville, Tenn., June 8 - Discovery Laboratories Inc. filed a $200 million shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers debt securities, preferred stock, common stock, debt warrants and equity warrants.

The securities may be structured as convertibles.

Proceeds will be used to meet working capital requirements.

Based in Warrington, Pa., Discovery develops treatments for respiratory diseases in children, adults and premature infants.


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