Karyopharm seeks $80m IPO for Phase II/III cancer studies

 
• By Mandy Jackson
  
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Karyopharm Therapeutics registered an $80m initial public offering within months of raising $67.2m in a Series B venture funding round and after the company said the private financing would allow it to complete two Phase II/III clinical trials for lead drug candidate Selinexor (KPT-330) and file for US FDA approval without having to engage a US partner.

Karyopharm Therapeutics registered an $80m initial public offering within months of raising $67.2m in a Series B venture funding round and after the company said the private financing would allow it to complete two Phase II/III clinical trials for lead drug candidate Selinexor (KPT-330) and file for US FDA approval without having to engage a US partner.

Natick, Massachusetts-based Karyopharm's chief scientific officer Sharon Shacham told Scrip in May that the company "is always open to opportunities,...

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