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Karuna nets $83mm in up-sized IPO

Executive Summary

Karuna Therapeutics Inc. (muscarinic receptor modulators for psychiatric and cognitive disorders) netted $83mm in an initial public offering of 5.6mm shares at $16, the midpoint of its anticipated range. The company originally planned to sell 4.375 shares.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • IPO

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