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Synergy Pharmaceuticals Inc.
SGYP, a developer of new drugs to treat gastrointestinal disorders
and diseases, announced the partial exercise of the over-allotment option
granted to the underwriters with respect to the purchase of 750,000 shares of
common stock at a public offering price of $4.50 per share, in connection with
its previously announced underwritten public offering of 10,000,000 shares of
common stock, bringing total gross proceeds from the offering to $48,375,000.
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