MODG also. w/ some news:
VIENNA, Va., May 15, 2007 /PRNewswire-FirstCall via COMTEX/ -- Modigene Inc., a Nevada corporation (OTC Bulletin Board: MODG) today announced the closing of a $9.6 million private placement, simultaneously with a merger with Modigene Inc., a Delaware corporation ("Modigene Delaware"), a therapeutically driven biopharmaceutical company focused on the development and commercialization of long-acting versions of approved therapeutic proteins which address an existing combined market of more than $20 billion. Dr. Phillip Frost and Dr. Jane Hsiao have been appointed to Modigene's Board of Directors, following a $2 million investment in Modigene made by Dr. Phillip Frost, Dr. Jane Hsiao, Mr. Steve Rubin and Dr. Rao Uppaluri.
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