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Onyx floats $359m stock offer to finance Kyprolis, oprozomib and R&D

This article was originally published in Scrip

Executive Summary

Onyx Pharmaceuticals is selling 4.4 million shares of common stock to raise gross proceeds of $358.6 million for the commercialization of the third-line multiple myeloma drug Kyprolis (carfilzomib) and for the South San Francisco-based company's ongoing clinical trials to support registration and expansion of new and approved cancer therapies.



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