29 Jul 2009

Biotech company raises capital

5:39 am on 29 July 2009

BotryZen shareholders have approved a share sale to help it market its products, the biotech company says.

The company's largest shareholder, Melic Innovators, will buy just over 45 million more shares, for $1 million.

BotryZen says it needs the capital to continue trading.