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Dusa Pharmaceuticals files shelf registration



By AP
16 May 2008 @ 02:36 pm EST

WILMINGTON, Mass. - Dusa Pharmaceuticals Inc., which makes dermatology products, said Friday it has filed a shelf registration statement with the Securities and Exchange Commission to offer up to $75 million of securities.

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The registration enables the company to raise funds from the sale of its securities in one or more offerings, subject to market conditions and Dusa's capital needs.

Dusa said it has no immediate plans to raise funds.

Shares remained unchanged from Thursday's close at $2.22 in afternoon trading.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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