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Superconductor Technologies Inc. (Nasdaq:SCON) announced that certain U.S.-based investors have agreed to invest $13.3 million in cash to purchase 5,443,000 million shares of STI Common Stock. STI expects to use the approximately $12.4 million in net proceeds for general working capital purposes.

Fresenius Kabi Pharmaceuticals (NASDAQ:APCVZ) previously reported that it has received approval from the U.S. Food and Drug Administration (FDA) to market Topotecan for Injection, and plans to launch immediately. Topotecan for Injection is therapeutically equivalent to the reference-listed drug Hycamtin®, which is currently marketed by the innovator GlaxoSmithKline, plc.

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