(EMAILWIRE.COM, November 19, 2009 ) Dallas, TX - Oncolytics Biotech, Inc. (USA) (NASDAQ:ONCY) plunged 17.49% to $2.83 after the company announced today that it has entered into an underwriting agreement for an offering of 4,250,000 units, each comprised of one common share and 0.4 of a common share purchase warrant, at a price of US$3.00 per unit to raise gross proceeds of US$12,750,000. Each whole common share purchase warrant entitles the holder to acquire one common share of Oncolytics upon payment of US$3.50, exercisable for a five year period commencing on the closing date of the offering, subject to an acceleration of the expiry date in certain circumstances.

Altus Pharmaceuticals Inc. (NASDAQ:ALTU) plunged 0.99% to $0.500. The stock hit an intraday high and an intraday low of $0.05 and $0.04 respectively. In the last six months the stock went down over 84%. Altus Pharmaceuticals Inc. is a biopharmaceutical company focused on the development of oral and injectable protein therapeutics for gastrointestinal and metabolic disorders.

WebMediaBrands Inc (NASDAQ:WEBM) decreased 5.39% to $0.710. The stock hit an intraday high and an intraday low of $0.74 and $0.63 respectively. In the last six months the stock went up over 44%. WebMediaBrands Inc., formerly Jupitermedia Corporation, is a global provider of images, original information, job boards and events for information technology, business and creative professionals.

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