Karyopharm Therapeutics prices upsized IPO at $16, the high end of the range

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Karyopharm Therapeutics, an early-stage biotech developing treatments for cancer by targeting nuclear transport, raised $109 million by offering 6.8 million (up from 5.7 million) shares at $16, the high end of the range of $14 to $16. Karyopharm Therapeutics plans to list on the NASDAQ under the symbol KPTI. Karyopharm Therapeutics initially filed confidentially on 9/5/2013. BofA Merrill Lynch and Leerink Swann acted as joint bookrunners on the deal.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: News Headlines , IPOs

Referenced Stocks: KPTI

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