Peter Kolchinsky, Achillion Pharmaceuticals
: This afternoon, Peter Kolchinsky
and his hedge fund, RA Capital Management, strengthened their position in Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN
), a Form 4 filing with the SEC showed. RA Capital bought a total of some 2.4 million shares of the company via eight transactions at an average price of approximately $2.80 apiece. Following the acquisition of additional shares, RA now owns almost 19.3 million shares of Achillion.
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