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Advaxis plans underwritten public offering

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Advaxis plans underwritten public offering

Advaxis Inc. said it was looking to raise funds via an underwritten public offering of common shares and warrants.

The Princeton, N.J.-based biotechnology company's offering will be priced at a later date with funds earmarked for the development of its product pipeline, which includes ADXS-HOT to treat cancer.

Cantor Fitzgerald & Co. and Oppenheimer & Co. Inc. would act as joint book-running managers for the offering.