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BRIEF-Madrigal Pharma announces $35 million private placement offering
June 21, 2017 / 1:25 PM / 3 months ago

BRIEF-Madrigal Pharma announces $35 million private placement offering

June 21 (Reuters) - Madrigal Pharmaceuticals Inc

* Madrigal pharmaceuticals announces $35 million private placement offering

* Madrigal pharmaceuticals inc - private placement offering of approximately 328,300 shares of common stock

* Madrigal pharmaceuticals inc - private placement offering of approximately 1.97 million shares of its series a convertible preferred stock

* Madrigal pharmaceuticals inc says expects to use proceeds from offering primarily to support ongoing clinical development of its lead compound, mgl-3196 Source text for Eikon: Further company coverage:

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