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Mar. 19, 2002

FREMONT'S ABGENIX NABS $200 MILLION IN OFFERING

Abgenix Inc. sold $200 million worth of notes that will be converted into stock in 2007. The deal closed March 4. Abgenix refused to release the names of its investors.

        Abgenix Inc. sold $200 million worth of notes that will be converted into stock in 2007. The deal closed March 4. Abgenix refused to release the names of its investors.
        Fremont's Abgenix uses genetically engineered mice to develop drugs for cancer and transplant-related conditions as well as inflammatory and autoimmune disorders.
       ...

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