Biomira $100 million shelf registration becomes effective

By E. Janene Geiss

Philadelphia, Sept. 27 - Biomira Inc. announced Wednesday that its $100 million shelf registration on an F-10 filing with the Securities and Exchange Commission has become effective.

Covered by the shelf are common stock, preferred shares, debt securities and warrants. Debt and preferreds may be issued as convertibles.

The Edmonton, Alta., biotechnology company said the shelf, which will be effective for about 25 months, will be used to acquire or in-license additional cancer therapeutics to expand the company's pipeline.

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