Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Russian Government Takes a 9.2% Stake in Bind Therapeutics

BIND Therapeutics, Rusnano: The open joint stock company created and owned by the Russian government, Rusnano, just disclosed that it is purchasing shares of Bind Therapeutics Inc (NASDAQ:BIND). In a filing with the Securities and Exchange Commission, Rusnano reported ownership of 1,491,357 shares of Bind, which represent 9.28% of the company. The value of the stake amounts to some $22.64 million, at the current price of company’s stock. Rusnano reported that it acquired 120,000 shares from Bind’s IPO at the end of September. The value of the transaction amounted to $1.8 million.

BIND Therapeutics logo WEB

Disclosure: none

Recommended Reading:

How Hedge Fund Manager Crispin Odey Feels About the US, UK and Europe

Ferrellgas Insider Buying Activity Heats Up

SC Fundamental Value Calls on Transcept Pharmaceuticals to Remove Four Board Members

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!