Melbourne, Australia, 22 October 2013: Neuren Pharmaceuticals (ASX: NEU) announced today that it has completed a placement of new shares to professional and sophisticated investors at 11.5 cents per share, providing additional capital of $21.5 million. The placement was heavily over-subscribed, an indication of the strong support from international and domestic institutional investors. Neuren also intends to offer a Share Purchase Plan at 11.5 cents per share, capped at $3 million, to shareholders registered at 7pm AEST on 18 October 2013.
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