GNI Successfully Completes IPO.TOKYO -- GNI GNI Gross National Income GNI Global Nomads International GNI Guyana News and Information GNI Gay Naturists International GNI Global Netoptex Inc. GNI Great Northern Iron GNI Gebäude Netzwerk Institut (German) Ltd., a drug discovery/pharmaceutical company in Asia, announced it has successfully completed an offering of new shares in connection with the company's listing on the Mothers market of the Tokyo Stock Exchange Tokyo Stock Exchange Main stock market of Japan, located in Tokyo. It opened in 1878 to provide a market for the trading of government bonds newly issued to former samurai. on August 31. A total of 10 million shares were issued at 90 yen per share. Founded in 2001, GNI is a multinational pharmaceutical company dedicated to the discovery, development, and commercialization of new drugs for the treatment of diseases prevalent in Asia. GNI applies gene network analysis and other biotech tools to develop drugs to alleviate suffering from pulmonary disease, liver cirrhosis liver cirrhosis (sirō´sis), n a degenerative disease of the liver in which hepatic tissue is replaced with connective tissue, commonly a result of chronic alcoholism. See jaundice. , cancer, inflammation, and other medical conditions See carpal tunnel syndrome, computer vision syndrome, dry eyes and deep vein thrombosis. . GNI's chairman, chief executive officer and founder, Dr. Christopher Dr. John R. Christopher, known popularly as "Dr. Christopher" was one of very few nationally prominent doctors of herbal medicine of the middle third of the 20th century, a "dark ages" of herbalism and was responsible for the herbal renaissance of the 1960s. Savoie, said: "This is an important milestone in GNI's history. We intend to use the capital raised to advance our products towards commercialization and to be partners with companies worldwide in the discovery and development of drugs arising out of our gene networks analysis." GNI's shares will trade under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors 2160. Please refer to the TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). homepage at http://www.tse.or.jp for details of the listing of GNI shares on the Mothers market. This communication does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About GNI Founded in 2001, GNI is a drug discovery/pharmaceutical company with operations in Japan, China and the U.S. In June 2005, Shanghai Genomics, which operates an integrated drug discovery platform combining genetic discovery and drug development, became an affiliate of GNI. For further information, please visit www.gene-networks.com. |
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