latest news releases from the newsroom
Perf Go Green
Perf Go Green Signs Distribution Partnership With Grocery Giant Associated Food Stores
NEW YORK, Dec. 12, 2008 (GLOBE NEWSWIRE) -- Perf Go Green Holdings, Inc. ("Perf Go Green") (OTCBB:PGOG) (www.perfgogreen.com), a marketer and distributor of biodegradable plastics, today announced a distribution partnership with Associated Food Stores ("AFS"). Beginning this month, AFS will stock and distribute Perf Go Green's 13-gallon tall kitchen trash bags and 30-gallon garage, lawn & leaf bags to its 450 retail-member locations.
Momenta Pharmaceuticals to Raise $24.1 Million Through Registered Direct Offering
CAMBRIDGE, Mass., Dec. 12, 2008 (GLOBE NEWSWIRE) -- Momenta Pharmaceuticals, Inc. (Nasdaq:MNTA), a biotechnology company specializing in the characterization and engineering of complex drugs, today announced that it has received commitments from selected investors to purchase 2.8 million shares of its common stock at a purchase price of $9.00 per share, for gross proceeds of approximately $25.2 million. Momenta estimates that net proceeds from the offering will be approximately $24.1 million, after deducting placement agent fees and estimated offering expenses. Momenta currently intends to use the net proceeds from this offering for general corporate and working capital purposes, including research and development expenses, manufacturing expenses, clinical trial costs, general and administrative expenses, and potential acquisitions of, or investments in, companies, products and technologies that complement its business.